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Debt rules: Germany could request more time

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Published: October 16th, 2024,
Last updated: October 25th, 2024

The traffic light coalition is doggedly negotiating the federal budget for 2025, with Federal Minister Lindner using the EU debt rules as leverage.

The German government is considering applying to the EU Commission for more time for budget consolidation. According to finance ministry circles, expenditure in the current year is above the reference path presented by the Commission. Discussions are therefore underway to extend the adjustment period for Germany from four to seven years.

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