Bloomberg Anywhere Login

Bloomberg

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.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Germany May Balance Budget in 2013 on Interest Savings, FTD Says

June 13 (Bloomberg) -- Germany may reach a balanced budget as soon as 2013 as low interest rates on German bunds saves the nation 15 billion euros ($19 billion) in 2011 and 2012, Financial Times Deutschland reported, citing economists including Jens Boysen-Hogrefe, at the Kieler Institut fuer Weltwirtschaft.

That only will hold true if the euro crisis doesn’t escalate and Germany isn’t held liable for an exit of Greece from the euro, the FTD said, citing the RWI institute.

To contact the reporter on this story: Annette Weisbach in Frankfurt at aweisbach1@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.