General · 6 July 2026
German cabinet to approve draft 2027 budget with €203.6 billion borrowing
Germany's cabinet is expected to approve the first draft of its 2027 budget on Monday, according to finance ministry sources. The 2027 budget includes total borrowing of €203.6 billion, confirming an earlier Reuters report from Friday. The draft budget approval follows previous discussions within the German government regarding future fiscal plans and spending limits.
Reported by Reuters · How we write briefs