Germany's Government Finalizes 2025 Budget Agreement Amidst Internal Disputes

Reported about 2 months ago

Germany's governing coalition has reached an agreement on the 2025 budget after prolonged negotiations marred by infighting between the three parties involved. Chancellor Olaf Scholz's administration has faced pressure over financial issues, particularly regarding debt management and spending priorities. The finalized budget includes increased funding for defense and affordable housing while addressing a projected financing gap, now reduced to 12 billion euros. The proposal will now be presented to lawmakers for approval.

Source: YAHOO

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