Merz Has Activated His Plan to Fix Germany. Now We’ll Find Out If It Works

Friedrich Merz is about to discover whether his plan to reboot Germany will succeed.

The chancellor’s massive infrastructure stimulus is starting to feed into Europe’s biggest economy, with €24 billion ($28.6 billion) already disbursed by the start of this year and hundreds of billions more on the way. A ramp up in defense spending should provide further impetus.