Post by sevenofnine on Nov 7, 2024 11:41:06 GMT -5
THat kicker we see new German Govt
Germany's debt brake: The rift that broke the government
Sabine Kinkartz
Germany's government collapsed because of a dispute over the country's so-called debt brake that Lindner reportedly refused to soften to plug a €10 billion budget gap.
In Germany, the federal government and the 16 states are obliged to balance their books and are practically prohibited from taking out extra loans. This requirement is known colloquially as the "debt brake."
Why does Germany have this rule? Read DW's explainer.
Scholz and Merz hold private talks
Chancellor Scholz and opposition leader Friedrich Merz, who earlier called for a confidence motion "next week at the very latest," held closed-door talks at the Chancellery in Berlin.
Neither side has revealed any details of their discussions.
Merz, who hopes to replace Scholz as chancellor, will head next to Bellevue Palace to meet with German President Frank-Walter Steinmeier to discuss how to proceed.
www.dw.com/en/german-government-opposition-wants-confidence-vote-now/live-70719444
Germany's debt brake: The rift that broke the government
Sabine Kinkartz
Germany's government collapsed because of a dispute over the country's so-called debt brake that Lindner reportedly refused to soften to plug a €10 billion budget gap.
In Germany, the federal government and the 16 states are obliged to balance their books and are practically prohibited from taking out extra loans. This requirement is known colloquially as the "debt brake."
Why does Germany have this rule? Read DW's explainer.
Scholz and Merz hold private talks
Chancellor Scholz and opposition leader Friedrich Merz, who earlier called for a confidence motion "next week at the very latest," held closed-door talks at the Chancellery in Berlin.
Neither side has revealed any details of their discussions.
Merz, who hopes to replace Scholz as chancellor, will head next to Bellevue Palace to meet with German President Frank-Walter Steinmeier to discuss how to proceed.
www.dw.com/en/german-government-opposition-wants-confidence-vote-now/live-70719444
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