Germany Balances Budget for First Time Since 1969

Germany managed in 2007 to balance its budget for the first time in nearly 40 years, due to a sales tax increase and a stronger economy. But government officials already cautioned that it won't stay like that for long.

Germany: Federal Statistical Office (Destatis): Press Release, 15.1.07: Robust growth of the German economy in 2007 https://www.destatis.de/EN/PressServices/Press/pr/PressReleases.html

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