Berlin: Germany’s Federal Constitutional Court has annulled the national government’s decision to reallocate 60 billion euros ($64 billion) from a Covid-19 relief fund to be used for measures combatting climate change. The law under which the funds were retroactively shifted to the Climate and Transformation Fund (CTF) at the beginning of 2022 for the previous year’s budget “does not meet the constitutional requirements for emergency borrowing”, the court ruled. With its so-called debt brake, Germany has an instrument that prevents the government from taking on new debt, except in crises such as the Covid-19 pandemic, reports Xinhua news agency. The court found that transferring the funds
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