Aufsätze Ökonomik

Aufsätze Pädagogik

Aufsätze Sozialethik


Prof. Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.

Abhandlungen über Johann Heinrich Jung-Stilling

Nachtodliche Belehrungen zur Ökonomik

Nachtodliche Belehrungen zu Persönlichkeiten

Nachtodliche Belehrungen zur Philosophie

Nachtodliche Belehrungen zur Theologie

Nachtodliche Belehrungen zu verschiedenen Themen


Control account also known as control account

Term used in German budget law in connection with the Stability and Growth Pact. In Germany, the so-called debt limit or debt ceiling for the federal budget is implemented via a control account. At the end of each fiscal year, deviations from the permissible borrowing limit are recorded and balanced in this account. If the debt limit is not reached in a given fiscal year, the control account is credited. In contrast, an overrun results in a debit to the account. If any negative balance of the control account exceeds a threshold value of 1.5 per mille of the gross domestic product, this excess must be reduced in accordance with the provisions of the Basic Law. However, since the reduction must be spread out over time, the obligation to reduce the account starts at the lower threshold of 1 per mille of GDP.
GDP on. – See deficit-debt adjustment, deficit propensity, fiscal drag, default, Minhas-Gerais problem, net creditor, government debt(s), Stability and Growth Pact, aging, debt, debt stimulus, loss of confidence.

Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: