The euro has surged for the second day following Germany's announcement to unlock billions for defense and infrastructure spending, aligning with EU plans to mobilize €800 billion in defense funding. This comes after the US halted aid to Ukraine. Germany plans to increase defense spending beyond 1% of GDP, while France and Italy may struggle due to fiscal constraints. The euro hit a three-month high, reflecting growing investor confidence in the EU's economic outlook. Teljes cikk (Euronews.com)