Market Analysis
Germany's Decision on 2025 Budget Postponed, Government Sources Report
Amos Simanungkalit · 6.9K Views
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.
Paraphrasing text from "Reuters" all rights reserved by the original author.