16min chapter

Ones and Tooze cover image

What the COP Deal Really Means

Ones and Tooze

CHAPTER

German Budget Crisis and the Constitutional Debt Break

The chapter discusses a budget crisis in Germany caused by a ruling from the country's constitutional court, forcing the government to decide between breaking promises, continuing with climate policies, or raising taxes. It explores the concept of Germany's debt break and its implications for public investment, highlighting economic and political motivations behind its implementation.

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