Hostname: page-component-89b8bd64d-4ws75 Total loading time: 0 Render date: 2026-05-07T18:07:58.989Z Has data issue: false hasContentIssue false

Editorial: rewriting the German fundamental law in a blitz

Published online by Cambridge University Press:  16 May 2025

Agustín José Menéndez*
Affiliation:
Departamento de Filosofía y Sociedad, Universidad Complutense de Madrid, Madrid, Spain
*
Rights & Permissions [Opens in a new window]

Abstract

Introduced in 2009, the debt brake instantly became a defining element of the German Fundamental Law. During the Eurozone fiscal crisis, it grew into the main constitutional export of the Merkel/Schäuble government, an executive remembered by its imposing austerity policies to ‘save’ the Eurozone. In what comes close to a U turn, Friedrich Merz, the German Chancellor in pectore, promoted in the early days of March 2025 an amendment to the Fundamental Law which, in less than a month, resulted in a radical recalibration of the debt brake. This editorial considers the very idiosyncratic procedure of reform followed in Germany, including the rather exceptional rulings produced by the German Federal Constitutional Court. I conclude by considering whether, politically and morally, it is wise for Germany to partially dismantle the break without some serious reconsideration of the effects that the previous “Germanisation” of the Eurozone had, and without some form of consultation with its European peers. Before that, I reconstruct how Germany shifted from debt brake enthusiasm to debt brake disenchantment.

Information

Type
Editorial
Creative Commons
Creative Common License - CCCreative Common License - BY
This is an Open Access article, distributed under the terms of the Creative Commons Attribution licence (https://creativecommons.org/licenses/by/4.0/), which permits unrestricted re-use, distribution and reproduction, provided the original article is properly cited.
Copyright
© The Author(s), 2025. Published by Cambridge University Press