Reported about 2 months ago
Germany's ruling coalition has reached a final agreement on the draft budget for next year, which will be sent to parliament for review. After weeks of disputes over financing, Chancellor Olaf Scholz's administration has outlined a budget plan featuring net new borrowing of €51.5 billion, maintaining compliance with constitutional limits. Despite facing a projected financing gap of €12 billion, the coalition hopes to bridge this through stronger economic growth and tax revenues.
Source: YAHOO