Bundestag approves 2015 budget with no new debt

Author (Corporate)
Series Title
Series Details 28.11.14
Publication Date 28/11/2014
Content Type

On 28 November 2014, the lower-house of the German parliament approved the country's budget for 2015.

This was considered to be an historic budget, since it was the first time since 1969 the Bundestag approved a balanced budget for Germany. The opposition criticised the move by accusing the government of considering the 'black zero' to be more important than investment.

Source Link Link to Main Source http://dw.de/p/1DwXR
Related Links
ESO: Background information: 'Poets and Alchemists': Berlin and Paris Undermine Euro Stability http://www.europeansources.info/record/poets-and-alchemists-berlin-and-paris-undermine-euro-stability/
ESO: Background information: Germany plans extra €10 billion investment to head off EU critics http://www.europeansources.info/record/germany-plans-extra-e10-billion-investment-to-head-off-eu-critics/
EUObserver, 13.01.15: Germany stops accumulating fresh debt https://euobserver.com/economic/127178
Deutsche Welle, 12.01.15: German government hits balanced budget ahead of target http://dw.de/p/1EJ9F
The Guardian, 13.01.15: Germany balances budget for first time since 1969 http://www.theguardian.com/world/2015/jan/13/germany-balanced-budget

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