News · 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.

By BriefTea Editorial · 6 July 2026 at 3:17

Reported by Reuters · How we write briefs

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