Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/262779 
Title (translated): 
Debt brake or breach of the rules? Building budget reserves in times of crisis
Year of Publication: 
2022
Citation: 
[Journal:] Wirtschaftsdienst [ISSN:] 1613-978X [Volume:] 102 [Issue:] 1 [Publisher:] Springer [Place:] Heidelberg [Year:] 2022 [Pages:] 23-26
Publisher: 
Springer, Heidelberg
Abstract (Translated): 
The German federal government is facing criticism for using the exemption from the national debt brake due to the coronavirus crisis to expand the fiscal leeway for its future energy and climate policies. The budget dispute is taking place against the backdrop of a massive expansion of government debt in Europe. In the following, the author explain the critique of the latest supplementary budget and argues that the federal government has missed the opportunity to prove that the fiscal policy options within the existing rules are sufficient.
JEL: 
E62
H62
H77
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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