Das neue deutsche Staatsschuldenrecht in der Bewährungsprobe

The subject of government debt and laws designed to limit it has received intensive scrutiny since the collapse of the investment bank Lehman Brothers in September 2008 and the enactment of the German Federalism Reform II in July 2009. This new law, which has essentially been in effect since budgetary year 2011, is awaiting juridical interpretation and trial in practice.