Scholz Seeks to Calm Fears Over the Fallout From Budget Ruling
- Chancellor says his government will find effective solutions
- Coalition to present revised finance plan for 2023 next week
Olaf Scholz
Photographer: Liesa Johannssen-Koppitz/BloombergThis article is for subscribers only.
German Chancellor Olaf Scholz sought to calm fears about the repercussions from last week’s ruling by the nation’s top court, pledging that his government will fix the budget turmoil the judgment unleashed.
In a video statement published Friday in Berlin, Scholz promised that financial aid to ease the burden from high energy prices was not under threat and said the court judgment left the door open for such emergency assistance to continue.