US EditionFederal Ministry of Finance: Lars Klingbeil Calls on Ministries to Save
4 Articles
4 Articles
In order to reduce gaps in the budget of 2027, the Federal Finance Minister calls for savings from all departments. Apparently, it also does not exclude tax increases.
In 2027, the Minister of Finance must fill massive budgetary gaps, and he calls on the departments to make a strict austerity policy. He also keeps tax increases open, which could cause a new noise in the coalition.
There are huge gaps in federal financial planning. The Finance Minister therefore calls for savings proposals from all ministries – and does not exclude tax increases.
Europe's Most Powerful Country Is Preparing for a Drastic Step: General Austerity Has Been Announced
The German Finance Ministry expects savings from all ministries when preparing the 2027 federal budget. In a circular letter seen by Reuters, State Secretary for the Budget Steffen Meyer stressed that all ministries must contribute to structural consolidation, Handelsblatt wrote.
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