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Germany achieves budget surplus in 2013

English.news.cn   2014-02-26 07:24:54

BERLIN, Feb. 25 (Xinhua) -- German Federal Statistical Office (Destatis) announced on Tuesday that Germany's national budget has reached a financing surplus last year. The balanced budget came as the country's economic revival gathered momentum.

The overall state revenues and expenditures totaled 1,223.4 billion euros and 1,223.1 billion euros in 2013, posting a surplus of 300 million euros. It is the second year in a row that a small financing surplus has been achieved, the German statisticians said in a statement.

The balanced budget came as Germany's economy showed slight but steady growth of 0.4 percent over the year. At the end of 2013, the recovery in Europe's largest economy gathered momentum, growing from 0.3 percent in the third quarter to 0.4 percent in the final quarter, according to the data of Destatis.

Editor: Luan
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