A budget passed early Friday in a German parliamentary committee sees a lower-than-expected deficit for Chancellor Angela Merkel’s government for the election year of 2013. A deficit of 17.1 billion euros (21.8 billion dollars) was projected, 1.7 billion euros lower than the draft budget presented by Finance Minister Wolfgang Schaeuble. The opposition accused Merkel’s coalition of creative accounting to reduce the deficit before next year’s election, including putting 800 million euros of 2012 privatization revenues into the 2013 budget, which also sank projected government borrowing, Germany’s dpa reported. The new budget, passed in a 13-hour meeting of the Bundestag’s Budget Committee, foresees 302 billion euros in spending next year, down slightly from the 302.2 billion euros that Schaeuble had projected in the summer.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor