Overview

• The Landesverfassungsgericht will deliver its ruling on the legality and limits of emergency loans used in Schleswig-Holstein's 2024 budget.
• Finance Minister Silke Schneider expects the decision to clarify guidelines for managing and repaying such loans in future budgets.
• Opposition parties SPD and FDP argue that the three emergency loans used to fund the 2024 budget were unconstitutional.
• Schleswig-Holstein's debt currently stands at approximately 32 billion euros, exacerbated by crisis-related borrowing in 2024.
• The court's decision will not retroactively affect the 2024 budget but may influence fiscal policies for 2025 and beyond.