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In Germany, the budget is already cracking the coalition

2022-02-04T19:25:25.585Z


The guardian of financial orthodoxy, Christian Lindner, is under pressure from spending demands from his Green colleagues, in particular.


From our correspondent in Berlin

A cartoon from the business daily

Handelsblatt

shows Finance Minister Christian Lindner daydreaming in his bubble bath, headphones over his ears, while beside his bathtub a fax spits out the budget credentials of his fellow ministers. "

Mr. Lindner, send a signal of stability immediately

," urges the business bible, frightened by the amount of spending projected by the coalition partners. The latter demand an additional 70 billion euros for 2022 alone. By 2026, the bill would be increased by 400 billion, a sum that is difficult to reconcile with the minister's commitment, recorded in the government contract, to return in 2023 to a balanced budget.

See also

Germany to legalize cannabis

For the last year alone, the Merkel coalition had to contract 240 billion in new debt while committing to cap the 2022 loan, at 100 billion.

The government of Olaf Scholz has taken up this promise…

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Source: lefigaro

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