Scholz Settles Coalition Divisions With Deal on Revised Budget
- Court judgment trigged turmoil in government finance planning
- Chancellor, top allies to brief reporters at midday in Berlin
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Germany’s ruling alliance sealed an agreement on a revised 2024 finance plan, pushing past internal divisions laid bare after a critical funding tool was struck down by the nation’s top court.
Following weeks of tensions triggered by last month’s judgment, Chancellor Olaf Scholz, Economy Minister Robert Habeck and Finance Minister Christian Lindner negotiated through the night to finalize a deal on plugging a €17 billion ($18.3 billion) hole in next year’s budget, according to government officials, who asked not to be identified in line with briefing rules.