Germany Enacts Provisional Budget for 2025 Before Snap Elections
- Finance plan based on outgoing coalition’s 2025 draft budget
- Budget might run provisionally until second half of 2025
Joerg Kukies
Photographer: Liesa Johannssen/BloombergThis article is for subscribers only.
Germany’s finance ministry announced plans to implement a provisional budget at the start of 2025. The move comes after the collapse of Olaf Scholz’s three-party coalition and as the country prepares for elections in February.
Finance Minister Joerg Kukies’s budget department sent a letter to all ministries and government authorities informing them that the ruling minority government will manage Germany’s finances via a provisional budget until the new government can devise its own finance plan, according to senior Finance Ministry officials. The temporary budget will be based on the government’s 2025 draft budget.