German budget: talks postponed | Nachrichten.at

The negotiations were postponed late on Sunday evening. Chancellor Olaf Scholz (SPD) was confident that the talks would be concluded “soon”. On Monday, the FDP reaffirmed its “firm will” to remain in the coalition despite the budget dispute. The billion dollar hole came regarding primarily because the Federal Constitutional Court declared the reallocation of 60 billion euros of original Corona loans for the Climate Transformation Fund to be unlawful in November.

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