Schleswig-Holstein Faces Budget Struggles Amid Rising Costs
The state government debates new debts and spending cuts as the opposition calls for increased investments.
- Schleswig-Holstein's 2025 budget plan includes new debts of €298 million and a €116 million emergency loan, attributed to costs from the Ukraine conflict.
- Projected revenues of €16.63 billion are overshadowed by €17.02 billion in expenditures, creating a nearly €1 billion gap.
- The opposition criticizes the government's austerity measures, arguing they threaten future prosperity and neglect necessary investments in infrastructure and social services.
- Finance Minister Silke Schneider emphasizes that budget consolidation is necessary and difficult, with plans to cut €217 million in spending next year.
- The budget will be finalized in January, with debates continuing over priorities like education, security, and social welfare.