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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 .
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 ...
Germany plans to reach a NATO target of spending 2% of gross domestic product on defense next year, a measure on which it has long fallen short, with help from a special 100 billion-euro fund set ...
Global map of total central government revenues, as share of GDP, 2022 [1] Global map of total central government expenditures, as share of GDP, 2022 [2]. This is the list of countries by government budget.
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 ...
Germany's balanced budget amendment, also referred to as the debt brake (German: Schuldenbremse), is a fiscal rule enacted in 2009 by the First Merkel cabinet.The law, which is in Article 109, paragraph 3 and Article 115 of the Basic Law, Germany's constitution, is designed to restrict structural budget deficits at the federal level and limit the issuance of government debt.
The German cabinet plans to approve its 2025 budget on Wednesday after months of wrangling, hoping a strong economic rebound will help it close a 17 billion euro ($18.55 billion) gap between ...