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Montevideo, November 22nd 2024 - 12:57 UTC

Tag: German GDP

  • Monday, August 26th 2013 - 02:38 UTC

    Germany top of the class in budget surplus and sustained economic growth

    Budget surplus 0.6% of GDP in first half, and 0.7% growth in second quarter

    Official figures show Germany's budget surplus rose to 0.6% of GDP in the first half of the year, boosted by higher tax income. The government pulled in 321.4bn Euros in taxes, 3.8% more than a year ago thanks to its steady employment rate. The German Federal Statistical Office, Destatis, said the surplus was 8.5bn Euros in the period between January and June.