Organisation
In this section, you can find more information about the members of the Stability Council and the council’s different bodies, as well as information on the Stability Council’s legal basis and its rules of procedure.
Chair and Members
The Stability Council is comprised of the Federal Minister of Finance, the Länder finance ministers and the Federal Minister of Economic Affairs. The Federal Minister of Finance and the chair of the Länder Finance Minister Conference co-chair the Stability Council.
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Decision-making
The Stability Council’s decisions require the vote of the Federation and a two-thirds majority of the Länder votes (i.e. 11 Länder votes) to be passed.
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Secretariat
The Stability Council and its bodies are supported in their work by a secretariat.
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The Stability Council Working Group
The working group is comprised of representatives of the Federal Ministry of Finance, the Länder finance ministries and the Federal Ministry of Economic Affairs.
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Evaluation Commitee
In the event of an impending budgetary emergency in either of the Länder or the Federation, the Stability Council sets up an evaluation committee to examine the budgetary emergency and to arrange an adjustment programme with the government of the respective entity.
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Legal Basis
The role of the Stability Council is set out in Article 109a of the Basic Law. Its work is also governed by provisions in a number of other laws, including the Stability Council Act, the Consolidation Assistance Act, the Financial Equalisation Act and the Budgetary Principles Act.
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Rules of Procedure
In accordance with section 1 subsection (5) of the Stability Council Act (Stabilitätsratsgesetz), the advisory board has established its own rules of procedure.
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