Schuldenbremse
debt brake; constitutional borrowing limit
noun SHOOL-den-brem-ze Rare
Usage Note
Schuldenbremse is Germany's constitutional rule (Art. 109, 115 GG) limiting structural new borrowing by the federal government and states; it was introduced in 2009 and has been central to political debates about public investment since.
Examples
"Die Schuldenbremse erschwert zusätzliche Investitionen in die Infrastruktur."
Natural Translation
The debt brake makes additional investment in infrastructure more difficult.
Literal Translation
The debt brake makes difficult additional investments in the infrastructure.
Related Words
- Abgeordnetenhaus house of deputies
- Abschiebebescheid deportation order
- Abzeichnungspflicht countersignature requirement; obligation to have a draft initialled by a superior
- Aktenvermerk file note; internal memorandum recorded in an administrative case file
- Aktenzeichen file reference number
- Allparteienkoalition all-party coalition; government formed by all parliamentary parties
- Amt office
- Amtliche Beglaubigung official certification; authentication of a document by a public authority
Explore German by topic