The Debt Brake Ruling

On November 15, 2023, the Federal Constitutional Court ruled on the Second Supplementary Budget Act 2021. The act had moved 60 billion euros of unused borrowing authority into a climate fund. The court declared the act unvereinbar und nichtig, incompatible with the Basic Law and void. The court measured the act against the Schuldenbremse, the debt brake written into the constitution.

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