Financial expert criticizes Aiwanger's proposal for savings on migration and citizens' money despite the budget ruling.

Financial expert criticizes Aiwanger's proposal for savings on migration and citizens' money despite the budget ruling.

According to a report by www.zeit.de, Bavaria's Economics Minister Hubert Aiwanger rejected savings in economic projects after the Karlsruhe budget verdict and called for cuts in citizens' benefits and in the area of ​​migration.

The demand for social savings, especially in citizens' money and illegal migration, could have a significant impact on the budget and the financial sector. A possible diversion of billions of euros could lead to certain economic projects and social benefits having to be cut. This could also affect investments in the Climate and Transformation Fund, as funds from this fund are used for programs to promote climate protection and the development towards a climate-neutral economy.

The Federal Constitutional Court has already declared a reallocation of 60 billion euros in the 2021 budget to be unconstitutional, which could lead to further restrictions and cuts.

Overall, Aiwanger's request could lead to significant budgetary shifts and savings in various areas, which in turn could impact the financial industry and the market. It remains to be seen how the government will respond to this demand and how this will affect the country's financial situation.