Germany 2024 federal budget has been delayed by the recent court ruling on special funds and will not go to Parliament next week Recap of Response to German Court Ruling on Pandemic Aid for Climate Funds
- On Nov 21st, Germany Econ Min Habeck said constitutional court ruling causes chain reaction; We must discuss consequences
- On Nov 20th, Germany Econ Min Habeck said recent court ruling on German budget is a major blow to domestic economy; How govt will address judgement is not yet decided
- On Nov 17th, Germany Econ Ministry said constitutional court ruling on budget could have negative effect on growth
- On Nov 16th, reportedly decision by Germany’s top court to strike down repurposing €60B of pandemic aid from 2021 to finance climate protection has called into question about €770B of state funding; Scholz’s coalition vows to find a solution - press
- On Nov 16th, German Constitutional Court ruled transfer of unused pandemic debt into climate fund was illegal