Germany to see budget surplus

The German government will run a surplus of euro 7.7 billion. Germany also had a small surplus in 2012.

Frankfurt | Published:October 18, 2013 4:03 am

While the US argues about spending cuts,deficits and the debt ceiling,Germany faces a different discussion: What to do with a looming budget surplus.

The German government will run a surplus of euro 7.7 billion. Germany also had a small surplus in 2012.

A report by a leading institute urged the government to put the surplus to good use by investing in education and scientific research.

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