Spending Races Ahead of Revenues as Budget Deficit Deteriorates
12 Articles
12 Articles
War in Iran, tax cuts in energy and interest on the debt to be fired 21.2% weighed in the German public accounts. Central state almost doubled the deficit.
In the first half of the year, Germany's public spending has risen dramatically. As revenues have been cut, a gap of almost 100 billion euros in the budget is opening up. This is also due to gifts such as the fuel discount.
Sapo
During the first six months of this year, the revenue of the German State increased by 2%, compared to the 6% recorded in homologous terms, detailed the institute in press release.
Tank rebates, tax reliefs and rising interest burden: The German state spends significantly more than it takes. Especially a post drives the minus up. The countries and municipalities are also burdened.
Government debt increased by almost EUR 99 billion in the first half of 2026, with expenditure rising by 6 percent, while revenue only rose by 2 percent.
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