German Chainman Olaf Sholaz said during an interview after his speech at the Munich Security Conference that the future government should exempt the people of the region to spend on defense and security while dealing with the constitutional limits of the country.
Germany’s debt punctuality is written in the Constitution and forces Germany to meet with the money that can only be raised in debt brakes under extraordinary circumstances, and the government can get new loans. Recently, Olaf Sholaz has called for a debt break.
As the country faces new elections on 23 February, Sholaz said that he is sure that the future leadership of the country would have to keep the defense exemption to loosen the debt break.
,It would be absolutely impossible to finance 2% and even more than changing the loan regulation we have in Germany. It is impossible, “Scolz warns, saying that the present government now has money with an additional fund, but the fund is ending in 2027.
He said that cutting It was not the right way to increase taxes to pay for domestic investment and defense.
Asked whether a defense spending should be applied temporarily or permanently, the Sholaz said that This can be “longer or possibly permanently.”
“G7 has a loan of more than 100% in GDP ratio in G7 [except for] Germany,“Considering the US, Italy and Japan all are fur in this category,” Skolz said.
,So it’s reality that we are facing. We have strength, we have power, and we have economic abilities to do what we need.
Asked if the German public is ready for the scale of defense spending that it proposes, Sholaz said yes.
“There is a comprehensive support for all that we should do more,” Oho.
But Sholaz said that if the Germans are told that increased expenses mean that the rigid harvesting of investment is domestic, they do not support it. German Chainman Saided This is why Deb brakes should be reduced, as it presents the only solution to the problem.
