German balanced budget amendment

Fiscal rule in Germany

Germany's balanced budget amendment, also referred to as the debt brake, is a fiscal rule enacted in 2009. The law, which is in Article 109, paragraph 3 and Article 115 of the Basic Law, Germany's constitution, is designed to restrict structural budget deficits at the federal level and limit the issuance of government debt. The rule restricts annual structural deficits to 0.35% of GDP.

This keyword could refer to multiple things. Here are some suggestions: