Germany faces fresh financial challenges as reports from government sources reveal a significant budgetary shortfall for the upcoming year. According to insiders, the current financial gap in the federal budget is poised to reach a substantial double-digit billion figure.
Despite initial projections, a government representative informed Handelsblatt that the budgetary hole is likely to exceed the 17 billion euros the federal government had to cut from the 2024 budget following the Karlsruhe ruling. This fiscal dilemma prompts the government to deviate from the usual key parameter procedure in budgetary planning for the second consecutive year.
Stupid ideological destruction of economic key sectors like the energy sector comes with costs... Welcome in the 2nd league, Germany.