Heinold: Decision of the Constitutional Court far-reaching
Schleswig-Holstein's Finance Minister Monika Heinold (Greens) has described the Federal Constitutional Court's ruling on the federal budget as having far-reaching consequences for the north of the state. "We will look at the issues that arise from this for Schleswig-Holstein," said Heinold in Kiel on Wednesday. "Now it's time to read, examine and evaluate." For the north, it is important to see how the state can continue to manage the multiple crises in the future, taking the ruling into account.
The judges in Karlsruhe had previously declared the second supplementary budget for 2021 unconstitutional and null and void due to a breach of the exceptions to the debt brake. With the budget amendment, the German government wanted to invest loans in climate protection that were originally intended for coronavirus measures. The size of the "Climate and Transformation Fund", in which the money is now planned, will therefore shrink by 60 billion euros.
- The Federal Government's decision to use loan funds for climate protection instead of coronavirus measures was challenged by the Bundestag, leading to a constitutional judgment that declared the second supplementary budget unconstitutional.
- Monika Heinold, the Finance Minister of Schleswig-Holstein, acknowledged the significant implications of the Constitutional Court's judgment for her region, stating they will scrutinize the impacts on their state carefully.
- The parties in power and opposition will need to collaboratively navigate the constitutional processes to determine how Schleswig-Holstein's household finances should adjust in light of the reduced budget for climate protection.
- Future fiscal management in Schleswig-Holstein and across Germany will require prudent handling of finances, ensuring adherence to the Constitution while addressing both local needs and national commitments, such as climate protection.
Source: www.dpa.com
