News Analysis: Germany's 60 bln-euro budget hole leading to state crisis

BERLIN, Nov. 29 (Xinhua) -- Germany's governing coalition has been in crisis since the country's Federal Constitutional Court tore a 60 billion-euro (66 billion U.S. dollars) hole in the planned budget for the next year, by ruling against the reallocation of COVID-19 emergency funds for climate measures.

"This ruling creates a new reality -- for the federal government and for all current and future federal and state governments," German Chancellor Olaf Scholz said on Tuesday.