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GERMANY: Budget 2021 – A glimpse at the fault lines of post-Merkel politics

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Chancellor Angela Merkel’s cabinet has signed off on the draft budget for 2021 as well as the medium-term fiscal plan until 2024. As national debt is expected to re-increase to around 80% of GDP, and the constitutional “debt brake” will be paused for another year, the fiscal deba...

 

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GERMANY: Budget 2021 – A glimpse at the fault lines of post-Merkel politics

Chancellor Angela Merkel’s cabinet has signed off on the draft budget for 2021 as well as the medium-term fiscal plan until 2024. As national