Supported by a strong economy and low interest rates has made the Federal budget in the past year, a Surplus of 11.2 billion euros. The preliminary Figures of the Ministry of Finance in Berlin.

The money will again flow into the reserve to cope with the refugee influx. According to the Union, the reserve has grown to 22.4 billion euros.

Additional leeway in the coalition Treaty of CDU, CSU and SPD agreed projects, it is reported to be in the future. In the face of slowing economic growth, Economists expect for the coming years, with lower Surpluses in the state coffers.

“The beautiful time, in which the state assumes more and more control, as expected, comes to an end. We need to be prepared,” said the SPD budget expert Johannes Kahrs, objected to cuts in the solidarity surcharge. Union-householder Eckhardt Rehberg (CDU), said: “the Unexpected tax revenue is not expected in the next few years. We now have to step on the output of the brake. For new social spending, as demanded by the SPD continually, is no money in there.”

revenue and expenditure in the provisional financial statements to be presented in the coming week, officially, with each 348,3 billion euros, exactly the balance. New loans were taken up to fives Times in a row. The investment of the Federal government grew according to the Ministry of Finance for more than 4 billion from 2017 to 38.1 billion euros.

The Federal government, the taxpayer urged, in view of the Surplus, the complete abolition of the solidarity surcharge in the current year. “For the Federal Minister of Finance, there are no more excuses!”, President Reiner wooden nail said.

dpa

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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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