India, March 18 -- European stocks may open on a positive note Tuesday ahead of a German parliament vote on the country's spending plans set to take place later in the day.
The proposal seeks to exempt defense spending from debt limits and create a 500-billion-euro infrastructure plan fund.
The CDU/CSU bloc, led by Friedrich Merz, is likely to secure the necessary majority votes for the constitutional amendments that would pave the way for the reform measure.
In an interview with public broadcaster ARD on Sunday, Merz said the "situation has worsened in recent weeks", citing Trump's overtures to Russia to end the Ukraine war and his wavering commitment to NATO. "That is why we have to act fast," Merz said.
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