Market Insights

Germany's Decision on 2025 Budget Postponed, Government Sources Report

Amos Simanungkalit · 25 Jun 202413.2K Baxışlar

The German government is reportedly unlikely to finalize the 2025 draft budget by the July 3 deadline, according to government sources cited by Reuters on Tuesday. Instead, July 17 is being considered as a new target date.

This adjustment would still allow all deadlines for submitting the draft budget to the Bundestag lower house of parliament to be met.

A spokesperson from the finance ministry confirmed ongoing consultations on the draft budget, emphasizing the continued aim to achieve a political agreement and cabinet decision in July.

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