Germany: second quarter, GDP confirmed at + 0.4%
Record budget surplus,1.2% of GDP
24 August, 16:36In addition, a record surplus of 18.5 billion euro for Germany's public budget, equal to 1.2% of GDP, was announced in the first half of this year. The Statistical Office ''Destatis'' announced that ''budgets of federal state, regions, municipalities and social security'' were able to take advantage of favourable developments in the fields of ''employment and economy''. The DPA agency underlined this is the biggest budget surplus since the second half of 2000. (ANSA).