"The traffic light coalition has fallen into a state of shock. Brutal decisions are imminent in order to close the budget gap of 60 billion euros.
Crisis, what crisis? Anyone who saw the appearance of the Federal Chancellor and his coalition partners Robert Habeck from the Greens and FDP Finance Minister Christian Lindner after the Federal Constitutional Court's historic ruling on compliance with the debt brake did not have the impression of seeing three traffic light captains on the deck of the Titanic.
Just don't panic and stay calm despite a suddenly appearing financial iceberg of 60 (!) billion euros missing from the budget.
Coalition facing dispute over debt brake
The coalition speakers dutifully took this slogan that Olaf Scholz had prescribed for the coalition to heart the next day in the Bundestag. The traffic light, which remains in a state of shock, is now faced with brutally painful decisions as to where this gigantic amount can be saved or offset by additional revenue, commonly known as tax increases.
The Greens in particular will probably have to say goodbye to their dream of a complete energy transition by 2030 overnight.
Because the money that was cleverly diverted from the Corona emergency to climate protection is simply no longer available. The worst case scenario that Habeck predicted months ago is reality. The Karlsruhe judges not only “pulled the floor out from under Habeck’s Greens”. The SPD will also have to collect back all promised social benefits two years before the federal election.
The turning point (Zeitenwende) is also at risk. [1]
And the FDP with the responsible treasurer Lindner is seen as a budget trickster, even if the copyright for the unconstitutional shifting maneuver lies with his SPD predecessor Scholz.
The first quick shots from the SPD leadership show which dispute could become the breaking point of the traffic light coalition in the fateful election year of 2024. The weakening or even abolition of the constitutional debt brake that has been imposed by the courts cannot be done with the FDP, but it can probably be done with the Greens. Now it's up to the Chancellor." [2]
1. "On 27 February, Scholz addressed the Bundestag, Germany's lower house of parliament, to outline his government's reaction to events in Ukraine. He announced a fundamental restructuring of the country's cautious defence policy: Scholz vowed to set up an extraordinary fund of €100 billion to be invested in the modernisation of the German armed forces, the Bundeswehr.[4] He also promised that defence spending would exceed 2% of gross domestic product (GDP), a requirement of NATO membership that Scholz's Social Democratic Party of Germany (SPD) had traditionally opposed.[4] Scholz justified his departure from established defence policy with the hypothetical threat posed by Russia to peace in Europe. He described the new political situation on the continent as a "historic turning point" German: Zeitenwende, literally: times-turn).
Here is a military video for you, about the regiment and the maiden... More precisely, about the brigade and Grybauskaitė on a German tank.
2. Auf der Ampel-Titanic. Frankfurter Allgemeine Zeitung (online) Frankfurter Allgemeine Zeitung GmbH. Nov 16, 2023. Von Thomas Holl
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