After Lower Saxony’s Prime Minister Stephan Weil, his Bavarian counterpart is now also expressing the first doubts about the suspension of the debt brake in 2023.
After Lower Saxony, Bavaria’s Prime Minister Markus Söder is also pushing for a quick decision on suspending the debt brake and warning of a worsening economic crisis.
“We are in an economic crisis that is bigger than Corona, so a big solution is now needed in terms of financial policy – and not just small cutlery,” said the CSU chairman of the “Augsburger Allgemeine”. “The federal government should be honest: while the federal states’ hands are tied by the debt brake, the federal finance minister is dealing with gigantic amounts of billions in shadow budgets,” demanded Söder.
Lower Saxony’s SPD Prime Minister Stephan Weil had previously called for an amicable solution to the suspension of the debt brake in view of the emergency caused by the energy crisis at the Prime Ministers’ Conference on September 28th. Söder emphasized that Bavaria would use all the scope for relief measures in the Free State. “However, the citizens of Bavaria can rest assured that the state government will do everything legally possible to help the people and small and medium-sized businesses in Bavaria,” emphasized the Bavarian head of government.
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