After KTF earthquake
Economics ministers are sticking to all projects
November 27, 2023, 12:23 p.m
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Politicians sort themselves out according to the BGH ruling on the budget, including the economics ministers. The new course at the federal and state levels is unanimous: all plans should come despite the lack of capital. Even Free Voters leader Aiwanger is swaying to Federal Minister Habeck’s line.
The economics and energy ministers of the federal states and the Green Federal Minister Robert Habeck want to stick to the projects to be financed from it despite the Federal Constitutional Court’s ruling on the Climate and Transformation Fund (KTF). “All the projects that we have designed must be made possible,” said Habeck after a meeting with colleagues from the federal states in Berlin.
Bavaria’s Economics Minister and Free Voters leader Hubert Aiwanger spoke of “indispensable” and “existentially important” projects so that “Germany as a business location can move into a competitive future.” Armin Willingmann, SPD Energy Minister of Saxony-Anhalt, emphasized that compromises could not be made in individual projects: “Making a ranking is simply impossible.”
The Federal Constitutional Court has decided that 60 billion euros in unused credit authorizations for the fight against the corona pandemic could not be moved to the KTF. The financing of numerous climate and industrial policy projects – from the development of a hydrogen network to subsidies for the establishment of chip manufacturers – is now in jeopardy.
The SPD and the Greens want to weaken the debt brake
The three ministers emphasized that at the meeting of economics and energy ministers there was agreement across parties and regions that these funds must be found elsewhere. They called on the federal government and the Bundestag to find a solution together.
They did not provide any further details about what such a solution might look like. Habeck and SPD politician Willingmann openly spoke out in favor of declaring an economic emergency for the current and next year in order to suspend the debt brake. At this point there are different opinions among the parties, said Willingmann.
Aiwanger also did not rule out financing through new debt. “We will then discuss whether we should touch the debt brake, whether we should cut corners on other projects, whether we should come up with new financing options. Whatever,” said the Bavarian. “But in any case, our economic policy projects must be achieved.”