Ramelow: Budget ruling works against East Germany
Thuringia's Minister President Bodo Ramelow expects the Karlsruhe ruling on the federal budget to have a negative impact on eastern Germany. "50 of the 60 billion alone will go to East German investments. The effect of this decision is completely directed against eastern Germany," the Left Party politician told the television station phoenix. However, he could not correct a court decision for a political mistake. "I think the debt brake is wrong," he said. He had already pointed this out in 2009.
"I would like the federal government to put a moratorium in place, to pause for a moment and we would concentrate together on how we can get the cart out of the mud in Germany as a whole so that it doesn't sink into the mire," said the 67-year-old.
Last week, the Federal Constitutional Court declared the reallocation of 60 billion euros in loans in the 2021 budget null and void. They had been approved to tackle the coronavirus crisis, but were to be used for climate protection and modernizing the economy. Now the billions in the so-called Climate and Transformation Fund are not available.
The federal government should reconsider its financial decisions, considering the impact on the whole of Germany, as the Karlsruhe ruling on budget finances has significant implications for eastern Germany. Due to this ruling, a substantial portion of the allocated funds for investments in East Germany might be affected.
Source: www.dpa.com
