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- Debt_brake_(Germany) abstract "Due to a debt-to-GDP ratio above the 60% threshold fixed in the Maastricht Treaty, caused primarily by the heavy payments to reconstruct former communist Eastern Germany after reunification, the German government decided to introduce a balanced budget amendment called \"debt brake\" (Schuldenbremse); in 2009 it was approved with a two-thirds majority both by the Bundestag and the Bundesrat. This decision will lead to public budgets without structural deficits (Länder) or a very limited deficit (0.35% of the GDP for the federal state). For the introduction of the Schuldenbremse or debt brake a constitutional change was necessary: The debt brake is now fixed in Article 109 paragraph 3 of the Basic Law, Germany's constitutional law. Meanwhile several Länder also have adopted the debt brake in their state constitutions. With the debt brake, the structural federal deficit, and not the cyclical deficit, must not exceed 0.35% of the GDP starting 2016. For the Länder, structural deficits will be completely forbidden starting 2020. The only exceptions are natural disasters or strong recessions.Germany has achieved budget surpluses for the complete country starting from 2012 and was able to reduce its debt-to-GDP ratio from 82.5% to 74.8%. In 2014, Germany achieved a budget surplus of 18.0 billion euros or 0.6% of GDP. This means that Germany's debt is not growing any more, but actually shrinking.".
- Debt_brake_(Germany) wikiPageID "45367539".
- Debt_brake_(Germany) wikiPageLength "2037".
- Debt_brake_(Germany) wikiPageOutDegree "14".
- Debt_brake_(Germany) wikiPageRevisionID "669824445".
- Debt_brake_(Germany) wikiPageWikiLink Balanced_budget_amendment.
- Debt_brake_(Germany) wikiPageWikiLink Basic_Law_for_the_Federal_Republic_of_Germany.
- Debt_brake_(Germany) wikiPageWikiLink Bundesrat_of_Germany.
- Debt_brake_(Germany) wikiPageWikiLink Bundestag.
- Debt_brake_(Germany) wikiPageWikiLink Category:Fiscal_policy.
- Debt_brake_(Germany) wikiPageWikiLink Category:Public_finance.
- Debt_brake_(Germany) wikiPageWikiLink Debt-to-GDP_ratio.
- Debt_brake_(Germany) wikiPageWikiLink German_reunification.
- Debt_brake_(Germany) wikiPageWikiLink Government_budget_balance.
- Debt_brake_(Germany) wikiPageWikiLink Maastricht_Treaty.
- Debt_brake_(Germany) wikiPageWikiLink New_states_of_Germany.
- Debt_brake_(Germany) wikiPageWikiLink States_of_Germany.
- Debt_brake_(Germany) wikiPageWikiLink Structural_and_cyclical_deficit.
- Debt_brake_(Germany) wikiPageWikiLinkText "''Schuldenbremse'' ("debt brake")".
- Debt_brake_(Germany) wikiPageUsesTemplate Template:Reflist.
- Debt_brake_(Germany) subject Category:Fiscal_policy.
- Debt_brake_(Germany) subject Category:Public_finance.
- Debt_brake_(Germany) comment "Due to a debt-to-GDP ratio above the 60% threshold fixed in the Maastricht Treaty, caused primarily by the heavy payments to reconstruct former communist Eastern Germany after reunification, the German government decided to introduce a balanced budget amendment called \"debt brake\" (Schuldenbremse); in 2009 it was approved with a two-thirds majority both by the Bundestag and the Bundesrat.".
- Debt_brake_(Germany) label "Debt brake (Germany)".
- Debt_brake_(Germany) sameAs Q2250876.
- Debt_brake_(Germany) sameAs Schuldenbremse_(Deutschland).
- Debt_brake_(Germany) sameAs Frein_xc3xa0_lendettement_(Allemagne).
- Debt_brake_(Germany) sameAs m.012vhk03.
- Debt_brake_(Germany) sameAs Q2250876.
- Debt_brake_(Germany) wasDerivedFrom Debt_brake_(Germany)?oldid=669824445.
- Debt_brake_(Germany) isPrimaryTopicOf Debt_brake_(Germany).