German finance minister says each colleague must make savings

NAMPA / DPA
2025-08-20
Berlin (dpa) - German Finance Minister Lars Klingbeil is increasing the pressure on his Cabinet colleagues to make cuts as part of efforts to balance the federal budget. "I now expect every minister to look at their own department and see where savings can be made," he told Sat.1 television on Wednesday. With an overall annual budget of more than ?500 billion ($583 billion), it should be possible for everyone to contribute, he added. The govern......
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