Habeck sees progress in budget negotiations

Federal Government - Habeck sees progress in budget negotiations

Federal Economics Minister Robert Habeck sees progress in the difficult negotiations in the coalition over the 2024 budget. "I am very optimistic that we are well on the way to reaching an agreement," said the Green politician on the ARD program "Anne Will".

When asked if this did not mean that he was certain that the coalition would reach an agreement, Habeck said: "I can't speak for everyone. But I repeat that I believe we are making good progress." The Vice Chancellor continued: "It is a process that is laborious, that is clear, but it is making progress."

Following a budget ruling by the Federal Constitutional Court, the coalition of SPD, Greens and FDP has to plug billions of euros of holes in the budget. Negotiations are currently taking place in a three-way round with Chancellor Olaf Scholz (SPD), Habeck and Finance Minister Christian Lindner (FDP). If the 2024 budget is to be passed by the Bundestag this year, a solution must be found in the coming days.

Step by step

Habeck said that they were moving forward "step by step" and trying to compensate for funds. This is only possible if "impositions" are endured in other areas. However, the minister did not want to be specific. With regard to the public debate about cuts in social spending or possible tax increases, Habeck said that anything that is publicly demanded has a good chance of not happening.

In the talks that the coalition is holding, attempts are being made to identify in the "depths" of budget tables or the climate and transformation fund what could perhaps come later, what one might no longer want to or be able to do. However, Habeck emphasized that the social balance in Germany and social stability should not be further jeopardized. He also mentioned the "robustness of industrial production".

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1. Despite the ongoing budget crisis, Robert Habeck, the Federal Economics Minister, believes that progress is being made in the coalition's negotiations over the 2024 budget.
2. The progress in the negotiations, according to Habeck, is evident on the ARD program "Anne Will," where he expressed his optimism about reaching an agreement.
3. The coalition of SPD, Greens, and FDP is currently engaged in negotiations to plug budget holes following a ruling by the Federal Constitutional Court, requiring billions of euros in adjustments.
4. The 2024 budget must be passed by the Bundestag this year, and with the deadline approaching, a solution must be found within days, as indicated by Habeck.
5. While Robert Habeck acknowledged that the negotiations are laborious, he emphasized that good progress is being made, and they are moving forward step by step.
6. In an effort to compensate for the budget shortfall, concessions may need to be made in other areas, as highlighted by Habeck, who did not want to specify the exact impacts.
7. As the world climate conference approaches, the German Federal Government, under the leadership of Robert Habeck, needs to ensure that the nation's social balance and stability are maintained while making necessary adjustments to the budget.

Source: www.stern.de