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Author Topic: Berlin seals budget, pulling debt brake early  (Read 1443 times)
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« on: 26 November 2012, 23:11:13 »

Berlin seals budget, pulling debt brake early
Date 23.11.2012

German politicians have concluded negotiations on the country's 2013 budget. The government will still borrow billions in the coming year, but the figure's markedly lower than it was for the present year.

The debate might be ongoing in Brussels, with Chancellor Angela Merkel not hopeful of a resolution, but the government in Berlin has signed off on its 2013 spending after four days of parliamentary debate.

Germany's opposition parties largely opposed the budget in the final vote, making the tally 312 parliamentarians in favor, 258 against, with no abstentions.


We are more often treacherous through weakness than through calculation. ~Francois De La Rochefoucauld
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