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Germany Sticks to Debt-Free Budget

  • Merkel’s government has rejected calls to ramp up spending
  • Lawmakers set to approve 2020 spending plan later this month
City workers exit Taunusanlage S-Bahn underground in Frankfurt. 

City workers exit Taunusanlage S-Bahn underground in Frankfurt. 

Photographer: Peter Juelich/Bloomberg
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Germany will maintain its disciplined approach to spending as lawmakers look set to confirm the government’s balanced budget for 2020, despite calls for fiscal stimulus to boost the country’s slowing economy.