Corona aid: Chancellor warns of excessive federal debt – politics



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Chancellor Angela Merkel (CDU) first warned in the Bundestag on Thursday about excessive federal government debt due to generous and continued financial aid in the pandemic. The government compensation will continue to be paid in December, it said in its government statement. However, all citizens must be aware “that we cannot continue this type of aid until the end of the day.”

Merkel and the prime ministers had fought hard Wednesday night in a seven-hour exchange conference to extend the partial lockdown and continue financial aid from November in December. In November and December, the federal government reimburses 75 percent of previous sales to the Crown.

This support is “necessary and necessary,” Merkel said. At the same time, he left open whether aid would continue in this way in 2021. “There will definitely be talk of doing things together,” he warned. The background to this is that contact restrictions, which are only hesitantly planned and implemented with certain industries or political demands of countries in mind, ultimately lead to the number of infections remaining too high for it to relax. a decision. This means that those sectors such as restaurants or hotels that are affected by the closures continue to need help.

The federal debt had soared recently. In September, when the number of infections was comparatively low, Federal Finance Minister Olaf Scholz (SPD) had planned additional loans of 96 billion euros for 2021. Since then, the additional financial requirement for 2021 has almost doubled to around of 181 billion euros. In addition, Scholz plans to raise up to € 218 billion in additional loans this year. This is in addition to the new federal debt that must be borrowed due to pandemic aid, which roughly corresponds to an annual budget in pre-Crown times.

The Chancellor asked all citizens to stand in solidarity with the sectors affected by the closures such as gastronomy, hotels and cultural institutions, “which bear the weight of society as a whole, so that schools and nurseries are open and we can operate. ” Everyone would have to reduce contacts in such a way “that we also see effects.”

The leader of the union parliamentary group Ralph Brinkhaus criticized the fact that the Bundestag did not participate in the decisions on the additional financial aid. The budget and the budget fall on the deputies, he said. He also criticized the heads of the country, saying that “it was not for them to always make decisions and present the bill to the federal government.”

The leader of the FDP, Christian Lindner, asked that the aid of December be paid without bureaucracy, “preferably not doing a new procedure of application for December, but that the aid of December is paid with the aid of November”. Eligible businesses must receive double the amount one time.

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