Germany News: Parliament Agrees on Debt-Laden 2027 Budget
9 Articles
9 Articles
The budget committee in the Bundestag has reached an agreement: the federal budget of 2027 foresees record expenditure of 560,9 billion euros. "The government will not get around increasing taxes at all," predicts "Image" policy chief Jan Schäfer.
The federal budget for the next year is ready for the vote in Parliament - at least for the time being.The responsible budget committee decided on some changes to the budgets of the ministries at night. However, it is still open whether Union and SPD can still finance a reduction in the electricity tax for all.The necessary approximately 5.4 billion euros are not included in the draft.In the approximately 16-hour cleaning meeting the ministers o…
After more than 15 hours, the Committee on Budgets concluded its deliberations - now the budget stands for the coming year. Overall, expenditure of EUR 560.9 billion is planned - more than was originally planned.
The Budget Committee approves the federal budget of 2027: record expenditure of 560,9 billion euros and more than 210 billion euros of new debt.
The Committee met all night long and lagged far behind the timetable. Now it is done, the budget is - at least almost: on one issue there is still a need for clarification.
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