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2023/12/01 / Erste Group Research

German draft budget for 2024 under risk

The German government recently reallocated special budget funds from the coronavirus pandemic with the aim of using these funds for the numerous economic and ecological challenges currently facing the country (digitalization, green transformation, energy cost support). By reallocating the funds, the government wanted to circumvent the fiscal restrictions of the "debt brake". However, the German Federal Constitutional Court declared the reallocation unconstitutional last week.

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General information

AuthorErste Group Research
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-


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