THE STATE | NEW ECONOMY SHORT CUT

Debt for Germany – What good is the black-red-green financial package?

17/March/2025

6 pm

PLACE

Zoom

LANGUAGE

German

Following an agreement with the Greens, it looks as if the CDU and SPD will be able to secure a two-thirds majority for a multi-billion euro financial package including a reform of the debt brake. Nevertheless, the question arises as to why so much debt should be taken on. Is the planned correction of the debt brake suitable for eliminating its greatest shortcomings – and solving Germany’s pressing problems? And what effect would the large package have in the near future?

 

We discussed these questions in our New Economy Short Cut:

 

Debt for Germany – What good is the black-red-green financial package?

With Katharina Beck, financial policy spokesperson for the Bündnis 90/Die Grünen parliamentary group,

Philippa Sigl-Glöckner, Director at Dezernat Zukunft,

Sebastian Dullien, Research Director at the Macroeconomic Policy Institute (IMK)

and Armin Steinbach, Professor of Law and Economics at HEC Paris, formerly at Federal Ministry of Finance

on 17 March 2025 at 18:00 – via Zoom.

Moderation: Mark Schieritz, Deputy Head of the Politics Department, DIE ZEIT

Katharina Beck

is the financial policy spokesperson for the Bündnis 90/Die Grünen parliamentary group in the Bundestag and deputy chair of the Finance Committee. Before her time in the Bundestag, the financial economist advised companies in the area of sustainability.

Philippa Sigl-Glöckner

is an economist, financial policy expert and managing director of the think tank Dezernat Zukunft. She previously worked at the World Bank and in the German and Liberian Ministries of Finance. She is co-chair of the SPD's Economic Policy Advisory Council and studied in Oxford and London.

Sebastian Dullien

is the Research Director of the Macroeconomic Policy Institute of the Hans-Böckler-Foundation and professor for international economics at HTW Berlin – University of Applied Sciences.

Armin Steinbach

is Professor of Law and Economics, European Law and International Law at HEC Paris and Research Affiliate at the Max Planck Institute for Research on Collective Goods in Bonn. As government official for more than ten years, Armin headed the fiscal policy division in the German Ministry of Finance.

Mark Schieritz

is deputy head of the politics department in the Berlin office of DIE ZEIT. The award-winning journalist previously headed the financial market editorial department at the Financial Times Deutschland before joining DIE ZEIT as an economic policy correspondent.