Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

Germany faces 100 billion euro budget gap through 2023 - Spiegel

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/11/2019 | 07:18am EDT
FILE PHOTO: A construction site is pictured in Berlin

BERLIN (Reuters) - The German government faces a gap of around 100 billion euros (£90.1 billion) for its budget plans through 2023 as the economy cools, Der Spiegel reported on Friday, citing a paper by experts in the parliamentary group of Chancellor Angela Merkel's conservatives.

The government posted a budget surplus of some 11 billion euros in 2018 as robust economic growth boosted tax revenues.

But expected increased outgoings on development aid, EU contributions and defence spending posed a budget risk in the period through to 2023 as they were not yet financed, Der Spiegel added.

(Writing by Paul Carrel, editing by Riham Alkousaa)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
08:55aEUROPEAN PARLIAMENT : AMENDMENTS 102-108 - REPORT on the proposal for a regulation of the European Parliament and of the Council on the establishment of a framework to facilitate sustainable investment - A8-0175/2019(102-108)
PU
08:55aMALAWI : From boreholes to public taps: rural communities to access improved water supply thanks to the African development Bank
PU
08:51aA Central Banking Domino Effect Is in Motion -- Update
DJ
08:48aMARKET SNAPSHOT: Stock-index Futures Trade Lower After Fed Signals Rates On Hold Amid Growth Worries
DJ
08:46aJobless Claims in the U.S. Declined in Mid-March
DJ
08:44aCANADA ADDS JOBS IN FEBRUARY, LED BY PROFESSIONAL SERVICES : Adp
RE
08:44aBOND REPORT : 10-year U.S. Government Bond Yield Extends Decline To Set Fresh 15-month Low
DJ
08:42aGlobal stocks wilt as Fed shift sparks stampede into bonds
RE
08:41aStocks wilt as Fed shift sparks stampede into bonds
RE
08:37aU.S. weekly jobless claims fall more than expected
RE
Latest news "Economy & Forex"
Advertisement