World · 11 July 2026

Germany's cabinet to approve 2027 draft budget, borrowing €203.6 billion

Germany's cabinet is expected to approve the first draft of its 2027 budget on Monday. Finance ministry sources confirmed the plan includes borrowing a total of €203.6 billion. The draft budget information was first reported by Reuters on Friday.

By BriefTea Editorial · 11 July 2026 at 21:35

Reported by Reuters · How we write briefs

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