German shares rise before debt reform vote

German shares increased on Tuesday as the country prepares for a key vote on debt reforms. The vote is focused on a 500-billion-euro fund aimed at improving infrastructure and allowing more spending on security. The pan-European STOXX 600 index rose by 0.3%, while Germany's main index climbed by 0.7%. Investors are optimistic about the reforms that could lead to increased borrowing and economic growth. In the automobile sector, shares jumped by 1%. The oil and gas index also saw a rise of 0.9%. Befesa, a recycling firm, gained 1.2% after news that Triton Partners plans to invest in the company. However, Fraport, the airport operator, experienced a decline of 3.4%. This drop came after the company predicted only a slight increase in core income and passenger traffic for 2025, missing previous income forecasts.