German Constitutional court rules that the transfer of unused pandemic debt into climate fund is illegal (Second Supplementary Budget Act 2021 is void)

• "The Court’s decision means that the volume of the Climate and Transformation Fund is reduced by EUR 60 billion. Insofar as the state has entered into obligations that it can no longer service as a result of this reduction, the legislator must compensate for this through other means."

via Karlsruhe