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International Business Times
International Business Times
World
Sebastien ASH

Crisis-mired Germany To Blow Through Debt Limit In 2023

German Finance Minister Christian Lindner wants to suspend a constitutional limit on the country's debt for the fourth straight year (Credit: AFP)

Germany will seek to suspend a constitutional debt limit for a fourth straight year, its finance minister said Thursday, after a shock court ruling upended government spending plans and sparked a budget crisis.

"The federal government will present a supplementary budget to constitutionally secure the expenditures made this year," Finance Minister Christian Lindner said in a post on social media.

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