Germany's coalition government faces a budget deadlock over 2025 with the FDP demanding €30bn in savings, threatening the coalition's stability.
Germany's coalition government, consisting of Chancellor Olaf Scholz's Social Democrats, the Greens, and the liberal FDP, is in a deadlock over the 2025 budget with experts warning that the stalemate could be the final straw for the fragile coalition. FDP Finance Minister Christian Lindner, a fiscal hawk, is demanding nearly 30 billion euros ($32 billion) in savings, which the Greens and SPD have balked at. The parties have until July 3, the end of the current parliamentary term, to reach a compromise. Some pundits believe this could be the one that finally breaks the government apart.
June 20, 2024
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