Germany’s parliament was set to finally approve a painfully negotiated budget on Thursday but, less than 24 hours before, the country’s top court threw a financial — and political — hand grenade into the process.
In a move that will heap pressure on the already fractious coalition government of Olaf Scholz, judges at the constitutional court in Karlsruhe ordered that €60bn of funding for clean energy and industrial projects be cancelled.
“The government will pay close attention to this ruling by the Federal Constitutional Court,” said Scholz at a hastily convened press conference in the chancellery on Wednesday.
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