Germany s 60 bln-euro budget hole leading to state crisis europesun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from europesun.com Daily Mail and Mail on Sunday newspapers.
BERLIN Earlier this month, Germany’s constitutional court ruled that the government’s plan to redirect unused COVID-19 aid funds toward combating climate change violated the so-called debt brake. The decision is not just a setback for Chancellor Olaf Scholz; it could also deepen the ideological divisions within the coalition government and undermine the country’s fiscal
BERLIN, Nov. 29 (Xinhua) Germany's governing coalition has been in crisis since the country's Federal Constitutional Court tore a 60 billion-euro (66 billion U.S. dollars) hole in the planned budget for the next year, by ruling against the reallocation of COVID-19 emergency funds for climate measures.
BERLIN Earlier this month, Germany’s constitutional court ruled that the government’s plan to redirect unused COVID-19 aid funds toward combating climate change violated the so-called debt brake. The decision is not just a setback for Chancellor Olaf Scholz; it could also deepen the ideological divisions within the coalition government and undermine the country’s fiscal
News Analysis: Germany s 60 bln-euro budget hole leading to state crisis-Xinhua english.news.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from english.news.cn Daily Mail and Mail on Sunday newspapers.