Two sources from the German Ministry of Finance said on Wednesday that the new EU regulations further limit Germany's budget space, and fiscal adjustments will need to be further adjusted in the next few years to meet European regulations. Germany obtained an adjustment path for the next four years from the European Commission in June and formulated a draft budget plan based on this, which was submitted on Tuesday. The draft shows that Germany must limit the year-on-year increase in net spending to 2.25% in 2025, down from 3.75% this year.

Two sources from the German Ministry of Finance said on Wednesday that the new EU regulations further limit Germany's budget space, and fiscal adjustments will need to be further adjusted in the next few years to meet European regulations. Germany obtained an adjustment path for the next four years from the European Commission in June and formulated a draft budget plan based on this, which was submitted on Tuesday. The draft shows that Germany must limit the year-on-year increase in net spending to 2.25% in 2025, down from 3.75% this year.