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16 October 13:56

Sources in the Berlin finance ministry say the new EU rules will require Germany to further fiscal consolidation.

Valeria Stihi

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International

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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

Germania va reduce cheltuielile pentru a respecta regulile UE

Germania va reduce cheltuielile pentru a respecta regulile UE

Germania va reduce cheltuielile pentru a respecta regulile UE

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Germany EU rules fiscal consolidation

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