The Federal government is to “picture”information as a result of high spending increases and slightly weaker tax revenues in a financial gap of almost 25 billion euros up to the year 2023.

from a message by the Federal Minister Olaf Scholz (SPD) to his fellow Ministers at the start of the talks on financial planning, according to “image”.

in it, he will present a budget hole in the amount of 24.7 billion euros by 2023. In this account of the complete Exhaustion of the financial buffer in place for dealing with refugees (Refugee) is included, which is currently filled with 35.2 billion euros, the report says. The lower tax revenue would tear per year, a hole of around five billion euros.

At a Meeting with representatives of the other ministries in the past week, there have been, according to the participants, a salutary warning against over-spending – because the government have recently inflated their officials-apparatus drastically: for example, the personnel expenditures from 2016 to 2020, would increase from 31 to more than 35 billion euros. You should now be frozen, in addition, there should be no more money for the digital Pact school.


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Teodora Torrendo is an investigative journalist and is a correspondent for European Union. She is based in Zurich in Switzerland and her field of work include covering human rights violations which take place in the various countries in and outside Europe. She also reports about the political situation in European Union. She has worked with some reputed companies in Europe and is currently contributing to USA News as a freelance journalist. As someone who has a Masters’ degree in Human Rights she also delivers lectures on Intercultural Management to students of Human Rights. She is also an authority on the Arab world politics and their diversity.


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