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The German government approved additional funding for 2023 to secure loans that have already been used

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The German government has approved a supplementary budget for 2023, with which it plans to legally secure loans that have already been used to contain energy prices, including to overcome the energy crisis caused by Russia's aggression against Ukraine and to support those affected by this year's floods.

The German Federal Government has agreed on a supplementary budget to provide legal support for loans in the amount of about 45 billion euros, which were used to contain energy prices energy prices and to support flood victims. In addition, the federal government has asked the Bundestag to retroactively declare a state of emergency for 2023 citing "the war in Ukraine and the associated energy price shock", which was "clearly visible even in 2023".

This was reported by UNN with reference to ZDF .

Details

Coalition "Svitlofor wants to legally secure the loans that have already been used this year to curb energy prices and support flood victims. The total amount is about 45 billion euros. German Finance Minister Christian Lindner explained that the supplementary budget is based on the decision of the Federal Constitutional Court, and also noted that his job is to "clear the air" before discussing the budget for 2024.

SEE ALSO: Scholz names support for Ukraine among six most important political issues

The precondition for all this is that The Bundestag declares a state of emergency and thus suspends the debt brake for the fourth time in a row. In recent years, the parliament has justified this first by the the corona crisis, and then by the consequences of the war in Ukraine for the public finances of Germany. The Bundestag is expected to make a decision before Christmas.

Supplement

The budget for the next year's budget is also controversial. Leading politicians from the SPD and the Greens are demanding that the debt brake should not be applied even then. Coalition partner FDP and leaders of the CDU and CSU categorically reject this.

SEE ALSO: У Germany has seen a significant decrease in the level of illegal immigration

Ihor Telezhnikov

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