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Home » Germany’s Scholz confident of resolving budget crisis, says no dismantling of the welfare state

Germany’s Scholz confident of resolving budget crisis, says no dismantling of the welfare state

    German Chancellor Olaf Scholz said Saturday he is confident that his troubled government will find a good solution to a budget crisis triggered by a court ruling last month, and promised his center-left party there will be no dismantling of the country's welfare state. Leaders of Scholz's three-party coalition have been wrangling over money since Germany's highest court annulled a decision to repurpose 60 billion euros ($65 billion) originally meant to cushion the fallout from the COVID-19 pandemic for measures to help combat climate change and modernize the country. Scholz, Vice Chancellor Robert Habeck and Finance Minister Christian Lindner have met repeatedly to seek to resolve the impasse, but have run out of time to get the budget through parliament before the new year starts.

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