Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/273502 
Year of Publication: 
2023
Citation: 
[Journal:] Wirtschaftsdienst [ISSN:] 1613-978X [Volume:] 103 [Issue:] 5 [Publisher:] Sciendo [Place:] Warsaw [Year:] 2023 [Pages:] 297-300
Publisher: 
Sciendo, Warsaw
Abstract: 
The current coalition’s budget negotiations for 2024 are proving to be very difficult. For the first time since 2010, there is talk of consolidation measures to meet the requirements of the debt brake. The sudden budget dispute does not have its origins in worsening revenue prospects, but in tax cuts and additional spending, which were mutually agreed for 2023, and in sharply rising interest payments. While the increase in interest expense is overstated by the methods currently used, a change in methods would probably only delay the issue of consolidation. Fiscal policy in Germany is on the verge of a turning point.
JEL: 
H31
E43
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Article
Document Version: 
Published Version

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