Even last calendar year, it is German Finance Minister Wolfgang Schäuble managed to get along in his federal budget without new debt. He reached the “break even” a year earlier than planned. Last achieved a balanced budget in 1969.
The federal government is surprisingly already come in 2014 without new debt -. The first time was more than 40 years. Finance Minister Wolfgang Schäuble (CDU), so that the “break even” one year earlier than planned. A report, the “Handelsblatt” was confirmed on Monday in coalition circles in Berlin. Planned
turnaround before 2015
The reasons besides continuing high tax revenues and lower interest expenses and a billion-payment of operating nuclear power plants from the controversial nuclear fuel tax to the federal government were called shortly before the New Year ,
Last reaching the federal government in 1969 a balanced budget with no new loans to finance its expenditure. The current, historical turnaround was actually planned that from 2015.
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