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Scholz: Examine exception to debt brake for Ahrtal aid

The coalition government is examining an exception to the debt brake for further payments for the people affected by the flood disaster in the Ahr valley in 2021. This was announced by Federal Chancellor Olaf Scholz (SPD) on Wednesday during a joint appearance with Vice-Chancellor Robert Habeck...

Robert Habeck (l-r, Alliance 90/The Greens), Federal Minister for Economic Affairs and Climate....aussiedlerbote.de
Robert Habeck (l-r, Alliance 90/The Greens), Federal Minister for Economic Affairs and Climate Protection, Federal Chancellor Olaf Scholz (SPD) and Christian Lindner (FDP), Federal Minister of Finance, give a press statement on the agreement for the 2024 federal budget in the Federal Chancellery. Photo.aussiedlerbote.de

Household - Scholz: Examine exception to debt brake for Ahrtal aid

The coalition government is examining an exception to the debt brake for further payments for the people affected by the flood disaster in the Ahr valley in 2021. This was announced by Federal Chancellor Olaf Scholz (SPD) on Wednesday during a joint appearance with Vice-Chancellor Robert Habeck (Greens) and Finance Minister Christian Lindner (FDP) at the Chancellery in Berlin to agree on the 2024 budget. The Ampel will approach the CDU/CSU as the largest opposition parliamentary group and seek their support for this step.

Scholz added: "Because the affected citizens in North Rhine-Westphalia and Rhineland-Palatinate should also be able to rely on the promises made."

In general, the Chancellor said that the 2024 budget complies with the debt rule under Article 115 of the Basic Law. However, the Basic Law expressly stipulates that the upper credit limits can be raised to cope with natural disasters and extraordinary emergencies. In the case of the Ahrtal aid, the amount in question for next year is 2.7 billion euros, "for which we would like to provide for the decision to exceed the limit in accordance with the Basic Law. However, further in-depth examinations are necessary for this."

Read also:

  1. The FDP, led by Finance Minister Christian Lindner, is a key player in the coalition government's deliberations on an exception to the debt brake for Ahrtal aid.
  2. The opposition CDU/CSU will be approached by the coalition government, led by Olaf Scholz (SPD), to seek their support for the proposed exception to the debt brake.
  3. The proposed exception to the debt brake,amounting to 2.7 billion euros, is in response to the flood disaster that occurred in the Ahr valley in 2021, affecting citizens of North Rhine-Westphalia and Rhineland-Palatinate.
  4. Christian Lindner emphasized that the Basic Law allows for the exception to the debt brake in cases of natural disasters and extraordinary emergencies, citing the Ahrtal aid as a prime example.
  5. Robert Habeck, the Vice-Chancellor, expressed that the coalition government is committed to fulfilling the promises made to the affected citizens, highlighting the importance of the proposed exception to the debt brake.
  6. The proposed exception to the debt brake should be examined in detail before a decision is made, according to Olaf Scholz, ensuring compliance with the Basic Law while providing much-needed aid to the Ahr valley.
  7. The spiritual home of the FDP, North Rhine-Westphalia, will benefit from the proposed exception to the debt brake, along with neighboring Rhineland-Palatinate, as both regions were severely hit by the flood disaster.

Source: www.stern.de

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