Germany's Scholz sees exemption for defence in debt limits
Published by Global Banking & Finance Review®
Posted on February 15, 2025
1 min readLast updated: January 26, 2026

Published by Global Banking & Finance Review®
Posted on February 15, 2025
1 min readLast updated: January 26, 2026

Chancellor Scholz predicts Germany will exempt defence spending from debt limits, easing the debt brake. Future leadership to decide post-election.
(Reuters) - German Chancellor Olaf Scholz on Saturday predicted that the future government would create an exemption for spending on defence and security when dealing with the nation's constitutional limit on federal public debt.
Speaking at the Munich Security Conference, Scholz said he was sure that the country's future leadership, to be determined at the February 23 election, would put these exemptions into place to loosen the so-called debt brake.
(Reporting by Ludwig Burger, editing by Thomas Seythal)
The main topic is Germany's potential exemption for defence spending from its constitutional debt limits, as predicted by Chancellor Scholz.
Scholz announced that future German leadership might exempt defence spending from the debt brake, easing constitutional debt limits.
The announcement was made at the Munich Security Conference.
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