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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...

Federal Chancellor Olaf Scholz (SPD, l) and Wolfgang Schmidt (SPD), Head of the Federal....aussiedlerbote.de
Federal Chancellor Olaf Scholz (SPD, l) and Wolfgang Schmidt (SPD), Head of the Federal Chancellery, take part in the meeting of the Federal Cabinet. 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 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."

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  1. Christian Lindner, from the FDP, is part of the coalition government that is considering an exception to the debt brake for additional aid to those affected by the flood disaster in the Ahr valley.
  2. Olaf Scholz, the Federal Chancellor, made this announcement during a meeting at the Chancellery in Berlin with Robert Habeck and Lindner to discuss the 2024 budget.
  3. The Ahr valley, located in North Rhine-Westphalia and Rhineland-Palatinate, was hit by a severe flood disaster in 2021, and the affected citizens are relying on the promised aid.
  4. Scholz noted that the 2024 budget adheres to the debt rule, but the Basic Law allows for exceptions in cases of natural disasters and extraordinary emergencies, such as the Ahrtal aid, which requires 2.7 billion euros.
  5. The opposition CDU/CSU group in parliament will be approached by the coalition government for their support in exceeding the debt limit for the Ahrtal aid, as stipulated by the Basic Law.
  6. Berlin, as the capital of Germany, is the location of the Chancellery, where Scholz, Habeck, and Lindner discussed the 2024 budget and the potential exception to the debt brake for the Ahrtal aid.
  7. Robert Habeck, the Vice-Chancellor and a member of the Greens, was present during the meeting with Scholz and Lindner to agree on the 2024 budget and discuss the exception to the debt brake for the Ahrtal aid.

Source: www.stern.de

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