Schuster, Florian; Krahé, Max; Sigl-Glöckner, Philippa; … - 2021
Reforming the debt brake (Schuldenbremse) is often understood to require constitutional change. Frequently overlooked …, however, is that a crucial part of the debt brake is governed by ordinary law, namely the cyclical component …. However, this proposal does not address some of the debt brake's more fundamental flaws. It is intended merely as a pragmatic …