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Because of the Ukraine war: Lindner is planning almost 40 billion additional debts

2022-04-25T14:45:57.031Z


Humanitarian aid, support for companies and further cash injections - the consequences of the war in Ukraine are increasing government spending and could lead to record debt.


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Christian Lindner plans additional debts

Photo:

IMAGO/Florian Gaertner / IMAGO/photothek

Federal Finance Minister Christian Lindner (FDP) is planning additional debts of 39.2 billion euros for this year because of the Ukraine war.

The cabinet is to adopt the so-called supplementary budget on Wednesday.

This increases the new debt in 2022 to a total of 138.9 billion euros, according to the Ministry of Finance.

Next, the budget committee of the Bundestag deals with the plans.

The supplementary budget is a new version of budget planning in the ongoing parliamentary process and was announced in March because of the Russian war of aggression in Ukraine.

Initially, Lindner had planned an additional budget of 35 billion euros.

It became necessary because the consequences of the war with relief packages and economic problems were not yet foreseeable.

Humanitarian aid and other aid for companies are now taken into account.

Financial injection for Bundeswehr not considered

The costs for reducing the energy tax on fuel, for the energy price flat rate (300 euros for all employees) and the nine-euro ticket for local transport are also planned.

In addition, several billion euros are planned as a precaution for economic developments that are not yet foreseeable.

However, the planned EUR 100 billion financial injection for the Bundeswehr is not taken into account.

The Bundestag could approve such high loans this year as never before.

The budget was not sewn to the edge, the ministry said.

In addition, it remains the case that the debt brake should apply regularly again in the coming year.

Then only around 7.5 billion euros in loans would be allowed.

The debt rule is "an order of our constitution to the legislature," Lindner had recently said several times.

For the current year, the Bundestag has to suspend the debt brake in the Basic Law for the third year in a row.

hba/dpa

Source: spiegel

All business articles on 2022-04-25

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