The Globe and Mail reports in its Wednesday edition that on Tuesday, Germany's Bundestag approved a massive stimulus package that will see the constitutional "debt brake" scrapped. The Globe's Eric Reguly writes that investors could not be happier to see Europe's biggest economy set to lurch back to life. With the debt brake gone, Berlin can unleash as much as one trillion euros ($1.56-trillion) to shore up the military and infrastructure in the coming years. Already, German and European growth forecasts are being upgraded by analysts, and certain sectors of the stock market are on fire. Shares of German weapons company Rheinmetall, maker of the Leopard 2 main battle tank, are up 200 per cent in the past year and rose again Tuesday, reaching a new high. To call the spending about-face momentous is an understatement. Investors think the German spending spree will be contagious and possibly lead to a general reshaping of the industry as newly jingoistic European governments favour homegrown champions over mighty, Trump-friendly U.S. players such as Boeing, Lockheed Martin and General Dynamics. Already, Airbus SE, Italy's Leonardo SpA and France's Thales SA are considering putting their space businesses together.