Stellungnahme Stabilitätsrat

14th Statement of the Independet Advisory Board to the Stability Council

Following the new mid-term fiscal projections, the COVID-19-pandemic brings the structural government budget deficit to 3 ½ % of GDP in 2020 and 2021.
Stellungnahme Stabilitätsrat
Image: Unabhängiger Beirat des Stabilitätsrats

Published: 29 October 2020, 11:32

The Independent Advisory Board to the Stability Council (Unabhängige Beirat des Stabilitätsrats) published its 14th Statement about the structural government budget deficit. 

The structural government budget deficit is expected to increase to 3 ½ % of GDP in 2020 and 2021 an to decline afterwards. The Council regards this as acceptable based on the European regulations given the special circumstances. Nevertheless, the Council has some concerns about the fiscal projection as it includes consolidating measures which have so far neither been specified nor decided. This makes a monitory by the Council difficult.

See here for the Press Release (in German) [pdf, 336 kb] and here for the Statement (in German) [pdf, 414 kb].

Share this page
Friedrich Schiller University on social media:
Studying amid excellence:
  • Logo of the "Total E-Quality" initiative
  • Logo of the best practice club "Family in Higher Education Institutions"
  • Logo of the "Partner University of High Performance Sports" project
  • Logo of quality of German Accreditation Council - system accredited
Top of the page