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Live Updates  >  Live Update Details

2025-07-28 20:06:24

Sources from the German Ministry of Finance: The German economy is expected to improve significantly this year, which is very different from the government's previous forecast of economic stagnation. Germany plans to double its defense spending to 162 billion euros by 2029. The German government's interest expenses will increase to 66.5 billion euros in 2029, compared with the previous forecast of 61.9 billion euros. Germany's draft budget for 2026 includes a record investment of up to 126.7 billion euros

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