1. Germany Rejects Calls by Angry Farmers to Reopen Budget Package.
- Author
-
Nienaber, Michael and Kowalcze, Kamil
- Subjects
BUDGET ,BUDGET cuts ,LEGAL judgments ,COALITION governments ,SOCIAL criticism ,AIR pollution laws ,U.S. state budgets - Abstract
Germany's coalition government, led by Chancellor Olaf Scholz, has rejected calls to revise the compromise agreement on the country's 2024 budget in response to protests from angry farmers. The government spokesperson stated that there is a political agreement in place and the ministries are currently working on the draft laws. The budget includes €17 billion in spending cuts, including the removal of tax breaks for diesel used by farmers and vehicles in the agricultural industry. Farmers, supported by Agriculture Minister Cem Oezdemir and lobby groups, have been protesting the cuts and have threatened to continue doing so in January if they are not reversed. Finance Minister Christian Lindner has suggested that the tax breaks could be reinstated if alternative funding can be found, leading to criticism from the Social Democrats. The adjustments to the budget became necessary after Germany's top court ruled that shifting debt-financed funds outside the budget was unconstitutional. The budget is expected to be passed by lawmakers next month. [Extracted from the article]
- Published
- 2023