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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.
The 18th federal elections in Germany resulted in the re-election of Angela Merkel and her Christian democratic parliamentary group of the parties CDU and CSU, receiving 41.5% of all votes. Following Merkel's first two historically low results, her third campaign marked the CDU/CSU's best result since 1994 and only for the second time in German ...
Last month, Germany’s highest court annulled the two-year-old government's decision to repurpose 6 Germany's parliament approves a plan for a bigger hike in carbon price after a budget deal Skip ...
Germany's quarrelsome government clinches a deal on the 2025 budget 08/16/2024 10:53 -0400 BERLIN (AP) — Germany's quarrelsome governing coalition reached an agreement Friday on details of the country's 2025 budget, weeks after Chancellor Olaf Scholz and top officials clinched an initial deal that then got bogged down in a new dispute ...
With the Basic Law of 1949, Germany's second democratic constitution, the Bundestag was established as the new parliament. Due to the division of Germany, the Bundestag was de facto a West German parliament until 1990. The socialist GDR in East Germany had it's own parliament, the People's Chamber, which, however, did not emerge from democratic ...
The debt limits were enacted in 2009 after the government piled up debt paying to rebuild former East Germany after Germany reunified at the end of the Cold War and when tax revenue dropped during ...
Germany's governing coalition reached a deal Wednesday to resolve a budget crisis triggered by a court ruling last month, agreeing to cut some subsidies and spending while stressing that Berlin ...
In November 2023, Germany's Federal Constitutional Court (Bundesverfassungsgericht) declared parts of the government's budget policy unconstitutional. Scholz's cabinet had reallocated unspent debt proceeds – originally designated to mitigate the COVID-19 pandemic – to its climate action budget.