Policy Article

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

Kiel Policy Briefs, 20

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.

Author

Henning Klodt