German Economy Minister Robert Habeck cancels trip to climate conference due to budget crisis

German Vice Chancellor and member of the Green Party Robert Habeck canceled his trip to the Monday evening, canceled his trip to the World Climate Conference COP28 in Dubai, at the at the request of Olaf Scholz due to the budget crisis. This was reported by UNN with reference to Spiegel.

Details

The presence of Habeck's presence in Berlin is necessary because the negotiations of the leaders of the to resolve the budget crisis this weekend led to concrete decisions. According to Spiegel, at the request of Chancellor Scholz, Economy Minister Robert Habeck postponed his planned trip to Dubai until further notice.

Federal Minister for Economic Affairs and Climate Protection and Vice Chancellor Robert Habeck cancels his planned trip to the COP and the region after consultation and at the request of the Federal Chancellor and postpones it to the next possible date

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Despite intense discussions, the intense discussions, the "traffic light" coalition, consisting of the SPD, the Greens and the FDP, failed to reach a decision on how to find 17 billion euros in the in the short term to close the gap in the German budget.

The coalition should to reach an agreement within the next few days if it wants to decide on a the 2024 budget this year. By Wednesday's Cabinet meeting, it should have a basic political agreement should be reached before the Cabinet meeting on Wednesday, so that there is still enough time for parliamentary procedure.

As a reminder,

Germany is seeking to to reduce the 20 billion euros in cash contributions it allocates to the European Union fund that finances weapons for Ukraine.

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