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| User Info | But 'Economists Say'....; entered at 2024-04-22 15:43:01 | |||
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Raven Posts: 18299 Registered: 2017-06-27 Farthest Right 
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Look who wants to flirt with inflation: Germany's infrastructure woes: Who should foot the bill? Sabine Kinkartz https://www.dw.com/en/germanys-infrastru.... "Federal, state, and local governments have nowhere near the resources to address the backlog of renovation and modernization projects. Especially since the so-called debt brake enshrined in the German constitution stipulates that the state may only spend as much money as it earns. The budget negotiations for 2025 are set to be controversial. The center-left Social Democrats (SPD) and the Greens would like to suspend the country's debt brake again, as was recently done during the crisis caused by the coronavirus pandemic and the war in Ukraine. Their neoliberal coalition partner, the Free Democrats (FDP) are opposed and demand that all ministries must start making cuts from 2025. Even without major spending on infrastructure, there will be a foreseeable gap of 25 to 30 billion in the budget." 2024-04-22 15:43:01
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