Debt brake will be adhered to again next year
The coalition government wants to comply with the debt brake in the Basic Law again next year.
This was announced by Federal Chancellor Olaf Scholz on Wednesday regarding the agreement on the 2024 budget. However, the government reserves the right to suspend the debt rules retrospectively if necessary in the event of a deterioration in Ukraine's military or financial situation in the war against Russia.
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Olaf Scholz, the Federal Chancellor, emphasized the coalition government's commitment to adhere to the debt brake in the Basic Law again next year during the discussion of the 2024 budget. Despite this, it should be noted that a retrospective suspension of debt rules is a possibility if necessary, given any unfavorable changes in Ukraine's military or financial situation in the context of the war against Russia.
Source: www.ntv.de
