Germany suspends debt brake for 2023, allowing increased spending.

The German federal government plans to once again suspend the debt brake enshrined in the Basic Law for the current year, 2023. Finance Minister Christian Lindner (FDP) announced on Thursday in Berlin that he would present the draft of a corresponding supplementary budget for 2023 to the cabinet next Wednesday. This move aims to retroactively secure legal protection for loans taken out for the already disbursed energy price brakes […] The article “Debt brake in Germany suspended for 2023” first appeared in the Oberösterreichisches Volksblatt.

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David Baker

David Baker