German Government Reaches Crucial Budget Deal for 2025
Agreement ends months of political strife and ensures stability for Europe's largest economy.
- Chancellor Olaf Scholz and coalition partners agreed on a budget and stimulus package after marathon talks.
- The deal addresses the constitutional debt brake, balancing fiscal conservatism with economic stimulus.
- The agreement avoids potential government collapse and snap elections amid rising political tensions.
- Key measures include public infrastructure investments and tax incentives to boost the economy.
- The budget will now move to parliament for approval before the end of the year.