Further holes in the German budget after Constitutional Court verdict?
Supreme court makes €60 billion disappear. What does this mean for the WSF?
Commerzbank Economic Research
November 17 2023
On Wednesday, the Federal Constitutional Court (FCC) ruled that the second supplementary budget 2021 violates the Basic Law – the German constitution – because unused credit authorizations of 60 billion euros in 2022 were transferred to the Climate and Transformation Fund (KTF). These funds may therefore not be used to finance the expenditure of the KTF.
For full text download the PDF document