German Finance Minister Christian Lindner says the boom years in which ministries could present budgets above the limits are over. The head of Finance demands by letter to all ministries “a joint savings effort” in the accounts for 2025 and 2028.
This predicts a tough fight between the three parties of the coalition government - Greens, Social Democrats (SPD) and Liberals (FDP) Lindner wants to make no more additional spending on social benefits. Instead, he wants to expand incentives for growth and investment.