Finance Minister Wolfgang Schaeuble
Germany’s cabinet has agree to press ahead with plans for a balanced budget over the next four years.
Finance Minister Wolfgang Schaeuble, presenting his budget for next
year, said Britain’s vote to leave the EU changes nothing with, for the
moment, no negative effects on the German economy, Europe’s largest.
Though he added “We’ll see if that remains the case.”
On his draft budget, Schaeuble told reporters: “I believe it is
clear that we will stick to our solid, reliable budget policy, and which
contributed to the economic development in our country which is
positive despite difficulties in our environment. We have an
exceptionally good situation on the labor market with a high employment
rate and low unemployment.”
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Source: euronews.
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