German conservative leader Friedrich Merz reached a tentative agreement with the Green party on a debt-funded spending package for defense and infrastructure, people familiar with the discussions said.

German Chancellor-in-waiting Friedrich Merz was set to make a last-ditch attempt on Friday to convince the Greens of his plans for a massive increase in state borrowing to bolster defence and infrastructure ahead of a parliamentary vote next week.

BERLIN — Germany’s chancellor-in-waiting in a fiery Bundestag debate Thursday urged Green lawmakers to pass constitutional amendments that would unleash up to €1 trillion in new spending to bolster the country’s military and invest in its economy.

German Chancellor-in-waiting Friedrich Merz is open to making concessions to the Greens to secure support for constitutional changes that would unleash hundreds of billions of euros in defense and infrastructure spending.

Germany’s chancellor-in-waiting Friedrich Merz reached an agreement with the Greens party on a fiscal reform package for large investments on infrastructure and defense, according to a report by newspaper Handelsblatt.