German Party Heads See Support for Finance Package Before Vote

SPD leader Lars Klingbeil.

Photographer: Krisztian Bocsi/Bloomberg
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German plans for a debt-financed splurge on defense and infrastructure remained on track for parliamentary approval on Tuesday after conservative and Social Democrat lawmakers signaled overwhelming support for the spending bill.

“I have no doubt that this will succeed tomorrow,” conservative Chancellor-in-waiting Friedrich Merz said after a caucus meeting of his CDU/CSU bloc Monday in Berlin. He said he expects “less than a handful of no votes” in Tuesday’s ballot in the lower house of parliament, or Bundestag.