Sitzmann: “Debt brake still important and right” – Baden-Württemberg

Stuttgart (dpa / lsw) – With a view to the debate about the debt brake, Finance Minister Edith Sitzmann (Greens) sees no need for action in the south-west. “The design in Baden-Württemberg with economic and exceptional components has proven itself in the crisis,” she told the German press agency. The regulation has only been anchored in the state constitution since May.

The debt brake, which is also anchored in the Basic Law, states that the country may not take on any new debts. However, it provides for exceptions for borrowing for natural disasters and special emergency situations – provided there is a plan to repay the new debt. During the corona crisis, the green-black coalition invoked the exception in order to be able to finance the costs of the pandemic with new debts. “We were always able to act,” said Sitzmann. “In the interests of future generations, the debt brake in the country is still important and right.”