Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Germany Forecasts a Balanced Budget by 2014 as Economy Grows

Don't Miss Out —
Follow us on:

July 14 (Bloomberg) -- Germany’s Finance Ministry said it forecasts a balanced budget by 2014, earlier than previously projected, after economic growth bolstered the public finances.

Germany forecasts a budget deficit of 41.5 billion euros ($58.7 billion) this year, or 1.5 percent of gross domestic product, down from 80.5 billion euros in 2010, the ministry said in a statement in Berlin today. Debt is likely to decline to 71 percent of national output by 2015 from 83.2 percent last year, it said.

“Germany contributes with this development significantly to a stabilization of the euro area,” the ministry said. “Germany remains an anchor of stability in Europe.”

To contact the reporter on this story: Niklas Magnusson in Hamburg at

To contact the editor responsible for this story: Angela Cullen at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.