German Foreign Minister Annalena Baerbock on Friday praised the agreement on a multi-billion euro package for defence and infrastructure, saying it's also a signal to Ukraine, Europe and the world. Speaking at the end of a meeting with fellow G7 foreign ministers in Canada,

German Chancellor-in-waiting Friedrich Merz reached an agreement with the Greens on Friday on a massive increase in state borrowing just days ahead of a parliamentary vote next week.

The agreement between centrist parties, led by the likely next chancellor, Friedrich Merz, was billed as a response to America’s shrinking security guarantees.