Reuters reported on Tuesday that according to a draft of Germany’s Finance Ministry, the government plans to raise its spending by €30.9 billion to €347.8 billion by 2020, while the budget should remain balanced. The government expect to boost its spending by €8.6 billion to €325.5 billion in 2017. The 2017 budget and financing plan up to 2020 are expected to be approved on July 06.
The post German government plans to raise its spending by €30.9 billion to €347.8 billion by 2020 appeared first on forex-analytics.press.