German Coalition Seals Final Agreement on Next Year’s Budget
- Three ruling parties had clashed over 2025 spending blueprint
- Latest draft lifts net debt but doesn’t breach borrowing rules
The Bundestag federal parliament.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Germany’s ruling coalition sealed a final agreement on next year’s draft budget, paving the way for the contentious financing blueprint to be sent to parliament for scrutiny by lawmakers.
Chancellor Olaf Scholz and his cabinet approved the basic draft last month after weeks of squabbling over limited funds, but Finance Minister Christian Lindner subsequently questioned whether some of the measures might breach Germany’s constitutional borrowing rules.