A number of deputies of the Social Democratic Party of Germany (SPD) criticized the demand of Finance Minister Christian Lindner from the Free Democrats (VDP).
.in_text_content_22 { width: 300px; height: 600px; } @media(min-width: 600px) { .in_text_content_22 { width: 580px; height: 400px; } }
At the current budget negotiations, he proclaimed the principle of the “debt brake,” eliminating the possibility of borrowing money for the federal budget.
At the same time, the statements of the SPD deputies are also a rebellion against Chancellor Olaf Scholz, who consistently defends the planned budget savings.
We must manage the money we have. We can’t do without this,” Scholz said earlier in an interview with ARD.
However, now influential SPD deputies Matthias Miersch, Dirk Wiese and Dorothea Martin are opposing the position of the head of government and the minister of economics, demanding that the debt brake be eased. It is noteworthy that all three deputies represent different currents in the SPD (from the left to the conservatives), but are unique in their demand.
Given the emergency situations in Ukraine and in flood zones in Germany, this year we should use the exception to the “debt brake” and take on new debt obligations, writes a group of deputies.
The demand from SPD deputies is exacerbating the already difficult discussion of the federal budget within the ruling coalition. Its leaders were planning to adopt next year’s budget before the third of July, but it is now obvious that they will need a delay of at least several weeks.
Several federal ministries insist that they need much more money in 2025 than originally expected.
Source: Racurs
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.