How the Debt Brake Broke the German Government
Olaf Scholz’s government fell on a stumbling block that was placed in his way by none other than Angela Merkel.
Olaf Scholz’s government fell on a stumbling block that was placed in his way by none other than Angela Merkel.
An audit court warned on Monday that the supplementary budget for 2023 is “extremely problematic under constitutional law,” because it retroactively invokes an emergency for a budget year that is almost over.
The German government again suspends its debt brake. So far, their country has been saved by its formidable export machine. Those days are gone.
The German Green Party, meanwhile, want to implement their agenda, the phasing out of fossil fuels, at all costs.
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