German Financial Expert Warns Of Budget Challenges
Financial expert Schiltmann from the German Institute for Economic Research in Berlin warned of challenges for future budget plans due to expected tax revenue shortfalls. Schiltmann noted that expenditures are growing dynamically because of demographic developments.
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Sources · 7 independent
Deutschlandfunk
“Die Finanzexpertin des Deutschen Instituts für Wirtschaftsforschung Berlin, Schiltmann, sieht zusätzliche Herausforderungen für künftige Haushaltspläne wegen der zu erwartenden Steuermindeinnahmen.”
CNR Economic Voice
“German financial expert warns of budget challenges, with defense spending rising to 97 billion Euros.”
CNR Economic Voice
“German Financial Expert Warns Of Budget Challenges”
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