A post by @FirstSquawk on X.

Germany’s budget committee approved the government’s 2027 spending plan, clearing the way for parliamentary approval. The committee sign-off moves the budget toward a full Bundestag vote, though the document did not specify the plan’s total spending or deficit figures. The step matters because it reduces near-term uncertainty over German fiscal policy, a key input for euro-area rates and bund issuance. Watch next for the parliamentary vote and any amendments that could alter spending or borrowing levels.