Germany's Greens may refuse to back plans by likely next chancellor Friedrich Merz for a massive increase in state borrowing, with a party source on Monday warning "approval is becoming less likely with each passing day".

Germany's Green party opposes likely Chancellor Friedrich Merz's plan to increase state borrowing, potentially derailing a 500 billion euro infrastructure fund. The Greens demand climate-friendly measures and seek negotiations.

Germany’s Green party rejected a draft debt-financed package that would unleash hundreds billions of euros in defense and infrastructure spending, potentially leaving chancellor-in-waiting Friedrich Merz without a supermajority needed to pass the legislation.

Party officials reject €500bn infrastructure fund plan and change to debt borrowing rules to fund defence spending

Election winner and Chancellor-in-waiting Friedrich Merz is relying on votes from the Greens to push through parliament a special fund for infrastructure and defence. View on euronews