German government averts crisis with budget agreement for Europe’s largest economy

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Germany News

Germany Government,Europe,General News

The German government has agreed on a budget for 2025 and a stimulus package for Europe’s largest economy, ending a monthslong squabble that threatened to upend Chancellor Olaf Scholz’s center-left coalition.

BERLIN — The German government on Friday agreed on a budget for 2025 and a stimulus package for Europe’s largest economy, ending a monthslong squabble that threatened to upend Chancellor Olaf Scholz’s center-left coalition.

Scholz replaced long-serving conservative Chancellor Angela Merkel after federal elections in 2011, heading a coalition built around a program of modernization in areas including climate protection, infrastructure and research.

 

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