Fiscal discipline is all too rare in governments. But enshrining a legal commitment to near-balanced budgets in the constitution has, for Germany, turned out to be a very bad idea. A constitutional court ruling enforcing a strict interpretation of the rule has thrown into jeopardy billions of euros of investment in modernising and greening its economy, which Chancellor Olaf Scholz has likened to a new industrial revolution. Though securing political consensus will be hard, the “debt brake” needs to be loosened, or scrapped.
遵守财政纪律的政府太少见了。但事实证明，对德国来说，将保持预算接近于平衡的法律承诺写入宪法是非常糟糕的主意。德国联邦宪法法院的一项裁决对该法条作出从严诠释，将危及德国在manbetx20客户端下载 现代化和绿色转型上的巨额投资——德国总理奥拉夫•朔尔茨(Olaf Scholz)称这些投资要做的事情无异于一场新的工业革命。德国的“债务刹车”必须放松或废除，尽管相关政治共识将非常难以取得。
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