Bangladesh, Feb. 15 -- In an unprecedented move, German Chancellor Olaf Scholz has called for the countrys parliament to declare a state of emergency in response to the ongoing Ukraine conflict. The statement, made on February 13, 2025, underscores Scholzs determination to continue supporting Ukraine amidst the escalating war with Russia, while simultaneously addressing the growing economic challenges Germany faces. His proposal seeks to relax the countrys constitutional ‘debt brake mechanism, a critical financial limitation that could inhibit further support for Ukraine and defense spending.
The German constitution, known as the Basic Law, enshrines strict fiscal rules under the “debt brake” (Schuldenbremse). This mech...
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