Tag: schwarze Null

• Wednesday, October 15th 2014 - 08:28 UTC

  Germany insists with a 2015 balanced budget despite slower growth forecast

  

  German Chancellor Angela Merkel on Tuesday rejected calls for Berlin to ditch its plans for a balanced budget next year and to instead invest more in order to shore up the faltering German and Euro zone economies. On Tuesday Germany slashed its 2014 growth forecast from 1.8% to 1.2%.