About: Debt brake

Economy & Jobs 17-06-2020

German finance minister defends borrowing for economic stimulus package

For once, Germany is not shying away from debt to overcome a crisis. With the second supplementary budget, the state's additional borrowing due to the coronavirus is raised to a total of €218.5 billion. But criticism is coming from the German Taxpayers' Federation. EURACTIV Germany reports.
Economy & Jobs 04-03-2020

The unclear future of Germany’s ‘debt brake’

According to media reports, finance minister Olaf Scholz (SPD) has tried to break German frugality rules and take on more debt. This earned him harsh criticism from the co-governing CDU/CSU Union and parts of the opposition and the ministry now denies any plans to change the debt brake.
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