> Debt limit returns in German coalition's deal ending budget crisis / 347T44Z
00:00
00:00 / 00:00
Debt limit returns in German coalition's deal ending budget crisis / 347T44Z
Clip ID 2218241
Creator AFP
Clearance
Proxy
Add to
Share
Add to Review Link
By Request
By Request assets are not available for immediate purchase.
h264 | 1920x1080 | 67.95 MB
Per clip rates are for 20 seconds of final usage. If you are using more then 20 seconds or need a different file format or have questions about clearances contact us
Description
German Chancellor Olaf Scholz says the 2024 reimposition of its constitutional limit on public debt will be financed by spending cuts after his coalition clinched a last-minute budget deal to prevent a political crisis from spiralling out of control. The crisis erupted after Germany's highest court last month found that the government had broken a constitutional debt rule when it transferred 60 billion euros ($65 billion) earmarked for pandemic support to a climate fund. IMAGES AND SOUNDBITES
