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Close the road to debts that exceed 1,000 billion euros in Germany

Close the road to debts that exceed 1,000 billion euros in Germany

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The German government has cleared the road to more than 1,000 billion euros by amending the constitution. What is the cause of this risk? Reform was approved by a third majority at the last meeting of the old parliament to be dissolved after a week. The Christian Democratic Union (CDU), the German Social Democratic Party (SPD) and the Green Party met to change the provisions of the borders of the state debt. The proposal for constitutional reforms received support from 207 out of 513 members of the House of Representatives.

CDU and SPD, which will form a future government in Germany, suggested constitutional reforms. After fixing the amount of carbon emissions in the proposal, the Green Party also came to support it. After passing the bottom house of Parliament in Bundestag, these reforms are now in front of the Bounarat Upper House. Bundesrat should approve it on Friday.

The previous government headed by SPD and Chancellor Olaf Shalaz tried to make a similar proposal, but then opposed it CDU. After winning the general elections held in February 2025, CDU itself became the largest defender of these reforms. The future adviser and CDU leader Friedrich Marts repeatedly said that political parties should meet to rebuild Germany.

What does the German constitution say?

The constitution must be amended to cross the state’s fixed limit in Germany. There are very clear provisions in Articles 109 and 115 of the German constitution in relation to the borders or breaking the debt date. Under this, the federal government can only obtain a new loan by a new loan by 0.35 percent against GDP. According to the second judgment, additional debts can be taken if financial difficulties occur, but once the economic situation improves, it must be paid. However, there is also a “condition of escape” in the constitution, according to which the history brakes can be suspended in the natural disaster or unusual emergency outside the government. Under this ruling, Germany suspended the history brakes from 2020 to 2022.

According to the 2024 economic evaluation, one percent of GDP will be about 43 billion euros. In this context, the proposed expenses of the German government are more than this.

Why focus on improvement in the era of the ancient government

A third of the two -thirds of Parliament is required to improve or remove history brake. The last meeting of the old Germany of Germany was held on Tuesday. Two -thirds of the votes were needed to improve the history brake.

After the elections held in Germany in February 2025, the right party’s alternative to Germany (AFD) and the left party got a third of a seat. In the new parliament with 630 members, the two parties were in a position that allowed them to prevent the package together. Both opposed it. For this reason, on the last day of the ancient parliament, the focus was fully on the passage of this reform.

According to the most reading newspapers, this debt can be divided mainly into two categories. First, a $ 500 billion loan for military preparations. Secondly, the infrastructure is spent from 500 billion euros loans. Investments will be made on 100 billion euros, net carbon emissions from the financing that will be spent on infrastructure. Germany targeted to become a neutral country of carbon by 2045.

The federal government also wants to remove the states from the strict scope of the loan. For this, all countries will have to improve this in their regional constitution. However, it is not yet clear that if all countries also start out of the maximum, how will the total budget in the future appear.

In Germany, CDU/CSU and SPD will form future governments under the leadership of Friedrich Marts. CDU leader and future consultant Marts says that everything necessary for military investment will be done. European Union countries are concerned about their safety, because Donald Trump becomes a president in America and the American Award for Asia than Europe. European leaders are afraid that Russia, which attacked Ukraine, is a threat to Europe in the future.

Criticism of the history brake

AFD and the left party criticized the brake of history for various reasons. AFD and the left party also resorted to the Constitutional Court to stop the proposal of history break in the old parliament. But both parties got a failure from there.

Economists have warned that if Germany reaches up to 1,000 billion euros, it will have severe consequences in its financial market. According to Lars Field, Professor of Walter Yukk in Freibi, the national debt in Germany will increase from 62 percent to 90 percent in the next ten years.

Field says the result is that the additional interest from 250 to 400 billion euros will be on top. However, the amount of interest will be, it will depend on the performance of government bonds. But Field believes that the international bond market is still panic.

Professor Veronica Grimm at Normarg Technical University considers that this decision by the German government “represents a challenge to Europe’s stability.” He also put the same argument in front of the budget committee. She says that if interest rates on German government bonds rise, the interest rate for countries such as Italy and Spain are already stuck in debt, they will be able to deal with them.

NATO welcomed the decision of Germany

The former Netherlands Prime Minister and the Secretary -General of NATO NATO Mark Rudi congratulated German adviser Olaf Schools and his successor Marts on this “historic agreement”. According to Root, the spending of billions of euros in the defense sector in Germany will also improve the security of Europe.

Root wrote on the social networking site X, “This gives a strong message to our leadership and our commitment in terms of our common security. It will create an effective difference on NATO capabilities from the perspective of resistance and security.”

OSJ/CK (DPA, AFP)




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