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Germany's 2027 budget clears committee

Germany's budget committee approved a €561bn 2027 spending plan with €62bn of investment and €123bn of borrowing, clearing the way for parliament.

What we know

The budget committee signed off on the plan, with €561bn in spending and €62bn of investment and €123bn in planned borrowing, per a document.

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“Germany's 2027 Budget Allocates €561 Billion In Spending”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.