The multibillion-euro package loosens borrowing limits and allows new investments in defense, infrastructure and climate. The plan was backed by the conservative CDU/CSU alliance, center-left SPD and Greens.
Germany’s lower house of parliament, the Bundestag, backed several amendments to the country’s constitution that would allow future federal and state governments to take on more debt.
A total of 513 MPs voted in favor of the amendments, while 207 voted against. A two-thirds majority (489 votes) was required for the planned reform.
The changes were made with the votes of the CDU/CSU, SPD and Greens, who agreed in principle to the proposals last week.
The legislation now goes to the upper house of parliament, the Bundesrat, where a vote is scheduled for Friday.
