Germany's tax experts cut 2026-2030 revenue forecast by €87.5bn
Updated
Updated · Reuters · May 7
Germany's tax experts cut 2026-2030 revenue forecast by €87.5bn
10 articles · Updated · Reuters · May 7
In Berlin, the panel also cut this year's federal revenue estimate by €9.9bn to €382bn and 2027 by €10.1bn to about €395bn.
Finance Minister Lars Klingbeil said the Iran war and energy-price shock drove the downgrade, while the government seeks about €1bn in extra savings despite saying the 2027 draft budget already reflects it.
The weaker outlook adds strain to Chancellor Friedrich Merz's coalition after growth was halved to 0.5%, inflation hit 2.9%, unemployment topped 3 million and borrowing plans rose with defence spending.
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