Why Germany's government can't agree on debt rules
Some in Olaf Scholz' cabinet want to take on big new debts to pay for climate policies. Others see debt as a danger to German wealth.
Dear Reader,
One of Olaf Scholz’ final acts as finance minister in Angela Merkel’s last government came after the 2021 election had already been held.
In October 2021, he decided to move €60 billion of unused funds from an emergency budget established to tackle the fallout of the pandemic into a fund for managing the trans…
Keep reading with a 7-day free trial
Subscribe to The German Review to keep reading this post and get 7 days of free access to the full post archives.