Overview

• Füracker warns cabinet colleagues that the current budget leaves no room for major new measures and urges strict prioritization of existing funds.
• He concedes that new borrowing is not excluded but will depend on the federal tax estimate due in October.
• Latest projections point to a modest €100 million surplus in 2026 followed by a slight downturn in 2027, highlighting persistent fiscal pressure.
• While he hopes for a growth boost from Berlin’s policy agenda, he cautions that unpredictable international shifts, notably U.S. moves under Donald Trump, pose risks.
• The cabinet will meet at St. Quirin near Tegernsee with incoming Economics Minister Katherina Reiche attending, and Füracker expects the coalition to pass the budget unanimously without major cuts.