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Article: German deficit exceeds euro-zone limit for fourth year
- Article from:
- Xinhua News Agency
- Article date:
- January 12, 2006
CopyrightCopyright 2006 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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German deficit exceeds euro-zone limit for fourth year
BERLIN, Jan. 12 (Xinhua) -- The German budget deficit in 2005
exceeded euro-zone limit for a fourth year in a row, government
statistics released Thursday showed.
The deficit figure last year was 3.5 percent of gross domestic
product (GDP), surpassing the euro-zone ceiling of 3 percent of GDP,
the Federal Statistics Office said.
In 2004, the budget red was 3.7 ...