Berlin stands by budget cut plans

Author (Person)
Series Title
Series Details 15.9.10
Publication Date 15/09/2010
Content Type

The German government will stick to its plans to cut spending by €80bn over the next four years, in spite of improving tax revenues stemming from a sharp economic recovery in the current year, Wolfgang Schäuble, Finance Minister, insisted on the 14 September 2010 during the first debate in the Bundestag on his proposed 2011 budget.

Related Links
ESO: Background information: Berlin budget mixes growth with deficit cuts http://www.europeansources.info/record/berlin-budget-mixes-growth-with-deficit-cuts/
Deutsche Welle, 14.9.10: German parliament begins 'divisive' budget debate http://www.dw-world.de/dw/article/0,,6002271,00.html

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