The proposal from future German Chancellor, Friedrich Merz, has been dubbed 'economic bazooka' due to its potential impact.
The plan includes a reform of the debt brake, allowing for increased investment in aging infrastructure and defense.
The plan aims to stimulate the German economy, currently in recession, and strengthen Germany's leadership in Europe.
The plan needs two-thirds approval from the Bundestag and Merz has opted for a bold tactic to gain this support.
Despite electoral challenges and lack of government experience, Merz is determined to leave his mark on German and European politics.
Conclusion: Despite potential risks, this plan can bring about positive changes to boost the German economy and Germany's position in Europe during these crucial times.