Updated

Germany's Bundestag budget committee signed off on the government's 2027 spending plans after working into the night, according to Deutsche Welle. The budget includes levels of new borrowing that have been exceeded only once, at the height of the COVID-19 pandemic. Deutsche Welle reported that the committee's approval completes a key step in parliamentary sign-off on next year's spending. The report did not detail the individual spending priorities or the size of the new debt figure.