German economic growth plummeted in
2019, official data is expected to show Wednesday, stoking renewed debate about how to use fiscal surpluses to boost gross domestic product.
Germany's federal statistics authority on Friday revised down its reckoning of the country's government budget surplus in 2017, but the overshoot remained at record levels.
The German state notched up a record budget surplus between January and June, official figures showed
Friday, as Europe's largest economy continued to grow strongly.
China and Germany are not manipulating
the value of their currencies to gain an unfair trade advantage, but both
should do more to reduce their large trade surpluses with the United States, the Treasury Department said on Friday.
The Finance Ministry said the government achieved a federal budget surplus of €6.2 billion last year - and politicians are already fighting over what to do with it.
Germany's exports and imports rose to new monthly records in July, official data showed on Tuesday, underlining the
robustness of Europe's top economy in the current stormy global economic seas.
The German economy, Europe's biggest, stands rock solid in the current stormy global economic seas, with growth picking up, confidence on the rise and its public finances firmly in the black, data showed on Tuesday.
Germany reported the second-largest government surpluses as a percentage of GDP in the EU last year and was one of only four countries to stay in the black, according to a report published on Tuesday.
Germany's public finances are back in the black for the first time since 2007, as the federal, state and social security budgets all reported surpluses in the billions for 2014.
Germany's public finances were back in the black in 2014, as growth in Europe's biggest economy shifted up a gear at the end of the year, official data showed Tuesday.
