News · 6 July 2026
German cabinet to approve draft 2027 budget with €203.6 billion borrowing
Photo by Maheshkumar Painam on Unsplash
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