Special Fund Called 'Delay Station
The President of the German Federal Court of Audit criticized the ‘special fund’. He said it was a place where things were delayed. He wants the government to use the fund for new investments.
The ‘special fund’ (Sondervermögen) has been used in the past to cover budget problems. The Court of Audit President believes this is not the best use of the money. He suggests the federal government and state governments should use the fund differently. The President wants to see new investments made instead of covering existing deficits.
Summarized from the sources above. Read the originals for the full story.
Highlights
Court Criticizes 'Delay Station'
The German Federal Court of Audit President called the ‘special fund’ a ‘delay station’.
Fund Used for Deficits
The ‘special fund’ has previously covered budget deficits.
Urges New Investments
The President wants the government to use it for new investments.
Similar Reporting Across Sources
Both New and ZEIT Online reported the same criticism.
Focus on 'Sondervermögen'
'Sondervermögen' is the key term in the reports.