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Europe Daily Bulletin No. 8863

11 January 2005
Contents Publication in full By article 15 / 34
GENERAL NEWS / (eu) eu/emu/germany
German deficit expected to be under EUR 40 bn in 2004

Brussels, 10/01/2005 (Agence Europe) - According to a German finance spokesperson, the public deficit for 2004 is expected to be under the record forecasts of EUR 43.5 bn. Recent statistics demonstrate that the federal government has benefited from additional money (essentially income from the fight against fiscal fraud) and has spent less than planned (Federal Employment Agency in particular). Given that common public accounts were also up on tax receipts, by way of taxes on certain...

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