Traffic light compromise - Scholz: Budget 2025 is a good budget
Federal Chancellor Olaf Scholz defended the coalition leaders' budget compromise against opposition criticism. We have found a way to finance the important tasks of the country and help Ukraine financially "without causing restrictions here," said the SPD politician at a citizen dialogue in Weimar.
"And that's why it's a good budget that the federal government agreed on after such a long time and a night without sleep." Scholz acknowledged that the coalition had fought hard for this path.
The coalition leaders settled the long-standing budget dispute in the night leading to Friday in lengthy negotiations and agreed on a draft for the Federal Budget 2025.
"Budget for investments soars"
Scholz emphasized during the SPD's campaign kickoff in Thuringia that the coalition was doing something for children and families with its budget draft, as child allowance and child supplements would be increased. In addition, investments would be made in the infrastructure of the country, such as roads and railways. "The federal budget for investments is soaring," said the Chancellor.
Investments will also be made in the latest infrastructure for Germany's internal and external security, according to Scholz. Although the defense budget is only expected to grow by approximately 1.2 billion euros, while Minister Boris Pistorius (SPD) had demanded more than six billion euros. However, Scholz stressed, "we are providing the necessary money for the security of our country, and that's why we will also equip the Bundeswehr better than in the past."
- The coalition leadership, including Olaf Scholz, managed to reach a budget compromise during lengthy negotiations, which is crucial for financing the country's tasks and aiding Ukraine without causing household restrictions in Germany.
- Scholz, as the Federal Chancellor, cited the coalition's budget compromise as a significant achievement, stating that it's a good budget that the Federal Government agreed upon after a long time and numerous sleepless nights.
- During his SPD's campaign kickoff in Thuringia, Scholz highlighted the coalition's budget draft, which aims to enhance the quality of life for children and families by increasing child allowance and child supplements, as well as investing in the country's infrastructure.
- In a nod to Germany's internal and external security, Scholz confirmed that investments will be made in the latest infrastructure, mentioning the expected increase in the defense budget by 1.2 billion euros, although it falls short of SPD Minister Boris Pistorius's demand of over six billion euros.
- Reflecting on the coalition's efforts, Scholz assured the public that the necessary funds will be invested in equipping the Bundeswehr better, ensuring the security of the German people and the country as a whole.
