What fiscal plan did the German cabinet approve?

The German cabinet approved the country's medium-term fiscal plan that will be submitted to the European Commission.

Why was the fiscal plan approval delayed?

The approval was delayed because the details of the 2025 and 2026 budget had not been finalized until recently.

What happened to the previous government regarding the budget?

The last government ran out of time to pass the 2025 budget after former chancellor Olaf Scholz's coalition collapsed in November.

What did Germany's cabinet approve at the end of June?

Germany's cabinet approved a draft budget for 2025 and a budget framework for 2026, which allowed for the finalization of the mid-term fiscal plan.

What is required of EU member states regarding fiscal plans?

Each year, EU member states must submit an annual progress report on their national medium-term fiscal-structural plan to comply with new European fiscal rules.

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Home > Headlines > German cabinet approves mid-term fiscal plan for Brussels

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German cabinet approves mid-term fiscal plan for Brussels

Published by Global Banking & Finance Review®

Posted on July 16, 2025

1 min read

Last updated: January 22, 2026

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German cabinet approves mid-term fiscal plan for Brussels

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Germany's Cabinet Greenlights Mid-Term Fiscal Strategy for EU Submission

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