More than 8 Billion Euros Extra: Federal Employment Agency Needs Even Bigger Financial Injection
6 Articles
6 Articles
Recently it is known that the Ministry of Finance for the Federal Employment Agency needs a few billion euros more for 2027. Due to weak economic forecasts it is now clear that even the five billion is not enough. Minister of Finance Klingbeil has to shoot even more money.
In 2027, the Federal Employment Agency needs significantly more money from the state than previously planned.
The Federal Government needs more money for the budget of the coming year – including for electric car premiums. According to the list available to the SPIEGEL, the highest additional expenditure goes to the Federal Employment Agency.
Unemployment is expected to continue to increase in the coming year. With a higher loan from the federal government, the Agency for Labour aims to secure itself against the higher costs.
The social funds receive billions of loans, the Federal Employment Agency 2027 now even eight instead of five billion euros. Without the money, the federal government would have to increase contributions or cut benefits.
The Chief Executive Officer of the Federal Employment Agency, Andrea Nahles, demands "a loan or federal grant for 2028 at the latest" for the highly indebted Federal Agency. This has already built up debt of ten billion euros with the Federal Government this year and expects a deficit of another 8 to 8.5 billion euros due to the increased expenditure on unemployment benefits for the coming year, Nahles said to the "Handelsblatt". "We spent our p…
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