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9 months agoGermany politics
Germany grapples with its 'debt brake' DW 11/25/2023
Germany's debt brake, which limits government borrowing, is set to be suspended retroactively for 2023 due to budget shortfalls caused by the pandemic and other factors.
A ruling by the Federal Constitutional Court deemed the financing of the Climate and Transformation Fund (KTF) to be unconstitutional, leading to confusion about how to address the issue of special funds. [ more ]