Professor of law and economics at HEC Paris & LSE
www.arminsteinbach.com
In fact, COM does it like in Germany: Constitution only allows debt-financing for emergency measures, NOT other measures, ie 'partial' not 'full'
Hence only 'partial' control account
I share your other points
In fact, COM does it like in Germany: Constitution only allows debt-financing for emergency measures, NOT other measures, ie 'partial' not 'full'
Hence only 'partial' control account
I share your other points
In past, this happend only once (to my knowledge): 1998 when Kohl after he lost the election he asked the "old" Bundestag to approve the NATO intervention on the Balkan. NATO could not wait for the new Bundestag.
No such emergency case with debt brake.
In past, this happend only once (to my knowledge): 1998 when Kohl after he lost the election he asked the "old" Bundestag to approve the NATO intervention on the Balkan. NATO could not wait for the new Bundestag.
No such emergency case with debt brake.
👉 HEC Paris's @steinbacharmin.bsky.social on electoral tensions in Germany ahead of the 23rd February vote⤵️
👉 HEC Paris's @steinbacharmin.bsky.social on electoral tensions in Germany ahead of the 23rd February vote⤵️