Germany to post double-digit billion euro surplus for 2019 - Sueddeutsche

Germany to post double-digit billion euro surplus for 2019 - Sueddeutsche
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  • Country:
  • Germany

The German federal government has made a low double-digit billion euro surplus in 2019, Sueddeutsche Zeitung newspaper reported on Monday, thanks to higher tax revenues and record-low interest rates.

Unused special funds - including money set aside for renovating schools or incentives for fighting climate change - also contributed to the surplus, Sueddeutsche added, citing government sources.

The official budget surplus is expected to be revealed later on Monday.

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