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The federal budget for 2021 is €369.3 billion. [11] With total government spending of €1.76 trillion in 2021, the federal budget comprises only a fraction of total public sector spending in Germany. [12] Germany's budget for the 2005 fiscal year can be found below, which also outlines the basic budget structure.
2 December – 2022 FIFA World Cup: the German men's football national team, despite defeating Costa Rica 4–2, is knocked out of the World Cup due to Japan's upset win over Spain. [ 13 ] 7 December – 2022 Germany coup d'état plot : German police arrest 25 members of the Reichsbürger movement accused of planning a coup d'état .
For most other countries the total budget is shown. Although Germany is a federation, the statistics for Germany represent total general government spending. [3] Similar to Germany, Russia has a federative structure and a three layer budget system, here the total government spending is shown. [4]
The budget debate is ironic because Germany has the smallest long-term debt pile of any of the Group of Seven advanced democracies, with debt of 66% of gross domestic product. That compares to 102 ...
The German economic crisis is a significant downturn of Germany's economy that marked a dramatic reversal of its previous "labour market miracle" period of 2005–2019. The country, which had been considered to be Europe's economic powerhouse in prior decades, became the worst-performing major economy globally in 2023 with a 0.3% contraction, followed by minimal growth in 2024 leaning on ...
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The budget agreed this month had disappointed Defence Minister Boris Pistorius, who is in charge of efforts to reverse years of neglect and bolster Germany's defences in response to Russia's 2022 ...
In the 2020s the use of off-budget funds dramatically expanded, with the total (multi-year) potential deficits by the end of fiscal 2022 coming to 400 billion euro, about 10% of 2023 GDP. For comparison, the debt brake limit would only allow borrowing of 13 billion euro in 2023.