Klingbeil announces 110 billion euros for climate protection and education!

Klingbeil announces 110 billion euros for climate protection and education!

Federal Finance Minister Lars Klingbeil (SPD) today announced massive investments totaling 110 billion euros. These are intended to get Germany back on track for growth and to modernize important areas such as climate protection, digital infrastructure, schools, railways, hospitals and energy networks. The financing of these measures will be ensured by a 500 billion euro debt package that the federal government has decided on. This far-reaching measure comes in the context of ongoing criticism from the Greens, who have denounced the government's budget tricks.

The Bundestag also approved a “special fund” that represents an exception to the debt brake. This means that more debt can be taken out for defense and infrastructure over the next twelve years, which marks the highest debt borrowing by the German state in a long time. This decision has been criticized by opponents as a potential burden on future generations, who may suffer from debt if necessary reforms do not take place.

Investments for the future

Klingbeil emphasizes that smart investments in infrastructure and education are crucial to increasing Germany's economic performance in the long term. This opinion is also shared by experts who underline the need for large financial resources to cope with the changing security situation with threats such as military uncertainty under the US administration of Donald Trump. Younger respondents in surveys show that they are open to increasing government debt for investment, while older generations are more likely to believe that more debt should be earmarked for defense.

In addition to the financial measures, a groundbreaking regulation in the area of ​​football will also be introduced. Starting next season, the Bundesliga club TSG Hoffenheim will protect pregnant footballers in the last year of their contracts. This regulation allows the players' contracts to be extended by one year, while their salaries remain the same. The aim of this decision is to enable the footballers to concentrate on their family during pregnancy without jeopardizing their professional future.

Overall, there is a clear picture of a federal government that wants to invest in both infrastructure and social aspects while at the same time trying to meet current requirements in various areas of society. Approval for the amendment to the Basic Law that enables these measures was unexpectedly high, particularly supported by the CDU, SPD and Green parties.