The German government has frozen major spending pledges focused on green initiatives and industry support after a court ruling on unused pandemic emergency funds blew a 60 billion euro hole in its finances.
The German government has frozen major spending pledges focused on green initiatives and industry support after a court ruling on unused pandemic emergency funds blew a 60 billion euro hole in its finances. This decision has caused budget negotiations to be thrown into disarray within Chancellor Olaf Scholz 's ruling coalition .
Finance Minister Christian Lindner will face increased scrutiny over spending plans, just days before meeting his French counterpart for talks on enforcing fiscal discipline across the EU
Germany Government Spending Pledges Green Initiatives Industry Support Court Ruling Pandemic Emergency Funds Finances Budget Negotiations Olaf Scholz Ruling Coalition Fiscal Discipline Christian Lindner EU
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