Sources in the Berlin finance ministry say the new EU rules will require Germany to further fiscal consolidation.
Valeria Stihi
International
Foto: Pixabay.com
Always see our news on Google
The budget plan submitted by the German authorities shows that Europe's largest economy will have to limit its net spending growth to 2.25% year-on-year in 2025, from 3.75% this year. Germany's government deficit is also projected to fall to 1.75% of GDP in 2025.
Sources
Latest News
17:49
A highway in Morocco will bear the name of Donald Trump, in tribute to the recognition by the USA of Moroccan sovereignty over Western Sahara.
17:42
Volodymyr Zelensky proposes a ceasefire and wishes for a meeting with Vladimir Putin, according to a presidential advisor from Kiev.
17:36
Ludovic Orban, attack on Nicușor Dan: "He is the main culprit, alongside PSD, for the current political crisis"
17:25
PSD and AUR amendments to the ANI law, approved in the Legal Committee of the Chamber of Deputies. PNL considers them "unconstitutionally evident"
17:20
The administrative court in Paris rejected the appeal of pro-Kremlin journalist Xenia Fedorova against her expulsion from France and the freezing of her assets.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
