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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.
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