Germany's Leader Tackles Budget Crisis and Economic Woes

Germany is facing a budget crisis after its top court ruled that planned spending on renewable energy projects and relief for consumers violated debt limits. Chancellor Olaf Scholz promised to work quickly to solve the crisis and maintain goals of reducing carbon emissions and protecting social spending. However, the cuts needed could further slow down the struggling economy. The government is now tasked with deciding what to cut next year, with a potential shortfall of billions of euros. Economists warn that spending cuts will add to the challenges faced by Germany, including the impact of Russia's natural gas cutoff and competition from Chinese automakers.