Abstract

By the fall of 2023, the German government coalition (December 8 marked two years since the start of its activities) had developed a number of important economic bills. They were designed to increase the competitiveness of the German economic space in the context of polycrisis challenges – pandemic, energy, migration, geopolitical. But the economic policy of the Cabinet of Ministers also found itself in crisis. It acquired clear outlines after the German Constitutional Court in mid-November overturned the government’s decision taken at the end of 2021 to transfer 60 billion euros of loan funds intended to overcome the consequences of the coronavirus to the Climate and Transformation Fund to finance current government spending. The author analyzes the consequences of this decision for the planned reform steps; assesses the prospects for the formation of the state budget; characterizes the current state of the German standort, as well as the prospects for the deindustrialization of its energy-intensive sector.

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