The Bundestag committee approved Germany's draft budget for 2027 with record spending of 560.9 billion euros and a new debt of about 210 billion euros. Against the background of rising expenses and increasing public debt, the country is on the way to a serious budget crisis, writes Olam on Sunday.

The Bundestag committee approved Germany's draft budget for 2027 with record spending of 560.9 billion euros and a new debt of about 210 billion euros. Against the background of rising expenses and increasing public debt, the country is on the way to a serious budget crisis, writes Olam on Sunday.