Lower Saxony’s finance minister calls for staff cuts at the Hanover fair

Targeting the Hanover Exhibition Company: Lower Saxony’s Finance Minister Reinhold Hilbers (CDU) Peter Steffen / dpa Start your free trial month now! Complete the free trial month now to read this article. All other content on our website and in the “noz News” app will then also be available to you. Trial month for € […]

How does it work? Why is it important?

Since the financial crisis, Germany has written in the Basic Law to curb new debt – the debt brake has been introduced. But how does it even work? The corona virus shakes Germany’s budget. For a long time, the principle of the “black zero” applied, so the state should not spend more than it earns. […]