23/02/2006 (Agence Europe) - In 2006 the German deficit will be around 3.25% and 3.5% of GDP and is expected to fall to 2.5% in 2007 and 1.5% in 2008, according to the draft budget of the Merkel government. These figures published on Wednesday are much better than expected, explained Joaquin Almunia to the press, who described them as “excellent news”. The Commissioner, however, was reluctant to give his opinion about the impact of these figures on assessing the German situation, which...