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German Coalition Needs More Time to Agree on 2025 Finance Plan

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Germany’s ruling coalition will miss a self-imposed deadline of next week to agree on its draft 2025 budget but is still aiming to approve it in cabinet before the end of July.

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German Finance Minister Standing Firm on 2025 Budget RestraintGerman Finance Minister Christian Lindner won’t yield to pleas from some of his cabinet colleagues for more money in next year’s budget and will stick firmly to his goal of enforcing strict borrowing rules, according to one of his deputies.
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