The number of state-owned companies is increasing.
Berlin The state is outsourcing more and more of its tasks from the core budgets – and could, according to economists, try to outsmart the debt brake.
While Federal Finance Minister Christian Lindner (FDP) has had to listen to a lot of criticism that he is building up large shadow budgets with the special assets for the Bundeswehr and the multi-billion dollar fund to finance the gas and electricity price brakes, the flight from the core budgets of the federal states and municipalities is going almost unnoticed. The dimensions are even larger.
This is shown by a study by the Leibniz Center for European Economic Research (ZEW), funded by the Strube Foundation, which is available to the Handelsblatt. Accordingly, both the number and the size of state-owned companies have increased significantly over the past 14 years. While there were 14,704 state-owned companies in 2008, by 2019 there were already 19,009.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue