Policy Article

Can Germany escape the debt trap? Perspectives for the federal budget (in German)

Author

  • Henning Klodt
Publication Date

The German federal minister of finance is faced with sizeable challenges. In order to comply with the “debt brake” law, EUR 42 billion have to be cut from the federal budget. Henning Klodt explains how the federal minister of finance can get Germany out of the debt trap.

Info

Key Words

  • Reduction of Subsidies
  • subsidies
  • Tax policy