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25 February 2022

Public Finances

Germany’s Federal Debt Rule (Debt Brake)

The Federal Ministry of Finance has published an overview containing key information about the German government’s debt rule as set out in Article 115 of the constitution (Basic Law or Grundgesetz). This rule is commonly known as the “debt brake”.

The overview is currently being revised to reflect the latest version of Article 115, which entered into force on 25 March 2025.