Loading ...Europe Plunges Into Chaos After Germany Freezes Public Spending Following Shock Top Court Decision
Europe, already sliding into a stagflationary recession, is about to unleash the same crushing austerity that brought the continent to the verge of collapse over a decade ago.
One day after the German constitutional court ruled a decision to move €60BN from unused pandemic funds in 2021 into the Energy and Climate Fund, later renamed the Climate and Transformation Fund (KTF), was unconstitutional and void, the German government froze public spending for the rest of the year, dealing a blow to Europe’s recovery and efforts to beef up Zelensky’s offshore bank accounts Ukraine’s military and reduce carbon emissions.