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Germany's balanced budget amendment, also referred to as the debt brake (German: Schuldenbremse), is a fiscal rule enacted in 2009 by the First Merkel cabinet.The law, which is in Article 109, paragraph 3 and Article 115 of the Basic Law, Germany's constitution, is designed to restrict structural budget deficits at the federal level and limit the issuance of government debt.
The federal budget for 2021 is €369.3 billion. [11] With total government spending of €1.76 trillion in 2021, the federal budget comprises only a fraction of total public sector spending in Germany. [12] Germany's budget for the 2005 fiscal year can be found below, which also outlines the basic budget structure.
In September 2024, three state elections in eastern Germany (Thuringia [1 September], Saxony [1 September] and Brandenburg [22 September]) yielded disastrous results for the parties in the federal traffic light coalition. In Thuringia, the SPD received its worst result in any post-war state election, although it held its vote in Saxony and ...
Germany is a member of the European Union and the Eurozone. Germany maintains a network of 229 diplomatic missions abroad and holds relations with more than 190 countries. [28] It is the largest contributor to the budget of the European Union (providing 27%) and third largest contributor to the United Nations (providing 8%).
Landtag (state parliament) of the state of Baden-Württemberg. The Basic Law for the Federal Republic of Germany divides authority between the federal government and the states (German: "Länder"), with the general principle governing relations articulated in Article 30: "Except as otherwise provided or permitted by this Basic Law, the exercise of state powers and the discharge of state ...
2024 Saxony state election: The CDU wins a plurality in elections for the Landtag of Saxony. The AfD finishes a close second. [100] 2024 Thuringian state election: The AfD wins a plurality (32%) in elections for the Landtag of Thuringia, marking the first time that a far-right party won a state election in Germany since World War II. [100]
This is map and list of European countries by budget revenues and budget revenues per capita for year 2013 from Eurostat and CIA World Factbook. Countries in blue have more than € 100 billion, green € 10- € 99 billion and yellow below € 10 billion budget revenues from Eurostat [ 1 ] and CIA Factbook [ 2 ]
A Regierungsbezirk (German pronunciation: [ʁeˈɡiːʁʊŋsbəˌtsɪʁk] ⓘ) means "governmental district" and is a type of administrative division in Germany. Currently, four of sixteen Bundesländer (states of Germany) are split into Regierungsbezirke. Beneath these are rural and urban districts