Chancellor Olaf Scholz (SPD) plans to suspend the debt brake for the coming financial year. This was reported by the Prime Minister of Lower Saxony, Stephan Weil (SPD), according to information from WELT AM SONNTAG at a meeting of the Prime Ministers’ Conference (MPK) in Hanover.
According to several participants, the current MPK chairman Weil informed his colleagues about a conversation he had with Scholz about it. He said: “Firstly, the Federal Chancellor expressed that he was aware that the federal states would also have to resort to credit funds to cover the tasks that were now pending. And, secondly, he assumes that the federal and state governments will jointly determine that the factual prerequisites for an extraordinary emergency situation exist.
If an extraordinary emergency situation is identified, the federal government should also take out loans in excess of the amount prescribed by the debt brake. According to the participants, the Federal Minister of Finance Christian Lindner (FDP), who attended the meeting of the Prime Ministers, did not contradict Weil’s statements. However, Lindner qualified that so far this was only the opinion of the chancellor, not of the entire government: “But that is not the attitude of the federal government that has already been agreed. That is still to be decided.”
