nhboy
Ubi bene ibi patria
" Handelsblatt reports that Germany’s preliminary budget numbers look very good indeed; they’re looking at a budget surplus of a couple of billion euros, the first since reunification (not counting the UMTS mobile phone licence auction in 2000). Real GDP growth of 2.5 per cent is forecast; most of the extra cash came from the rise in VAT and fiscal drag.
It certainly seems a great position to be in at the beginning of a downturn."
A Fistful Of Euros » Blog Archive » Germany: Has a Budget Surplus
It certainly seems a great position to be in at the beginning of a downturn."
A Fistful Of Euros » Blog Archive » Germany: Has a Budget Surplus