Germany is likely to post small budget deficit in 2016

Market news

10 December 2015

Germany is likely to post small budget deficit in 2016

German Finance Ministry officials said on Wednesday that the country is likely to post small budget deficit in 2016 due to higher costs for refugees. Germany expects a budget surplus of 0.75% of gross domestic product (GDP) this year.

The Finance Ministry didn't provide any forecasts for the deficit.

Bank of Portugal cuts its growth forecasts

Switzerland: SNB Interest Rate Decision, -0.75% (forecast -0.75%)

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.