Europe · Business news · Policy & Regulation · 06 Jul 2026
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Germany's cabinet approved the government's 2027 budget proposal on 6 July. Total spending is put at €555.5bn, up from €525.5bn this year. About €109.7bn goes to the defence ministry, nearly a third more than this year, and about €11.6bn is earmarked for Ukraine. Net new borrowing in the core budget is €118.7bn against €98bn planned for this year; adding the special funds for infrastructure, climate and the armed forces takes total new borrowing above €200bn. Planned federal investment is €117.5bn, with infrastructure-fund money aimed at bridges, roads and rail.
The federal budget is a direct order source for listed defence contractors and for builders, rail suppliers and construction-materials makers that work on German roads, bridges and track. The borrowing side matters to banks and insurers as large holders of German government bonds, since more than €200bn of new federal debt in one year adds to supply. The draft still has to pass parliament, and the report notes strong criticism of the borrowing, so the figures are plans rather than signed contracts.
Reported by Qatar News Agency — “German Government Approves 2027 Budget, Increases Spending and Borrowing” ↗ on 06 Jul 2026.
Official series on 06 Jul 2026 or the last day before it, and the latest observation.
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