Overview
- The Haushaltsausschuss provisionally approved early on Friday, November 13, a 2027 federal budget of about €560.9 billion that plans roughly €122.97 billion in net new borrowing.
- When credit‑financed special funds for infrastructure and the Bundeswehr are included, new debt-related commitments exceed €200 billion, the government says, widening future interest costs.
- A universal cut to the electricity tax and full compensation for cold‑progression remain unfunded and are set for further negotiation at the Koalitionsausschuss before the Bundestag vote scheduled for 24–27 November.
- Fiscal critics and watchdogs warned the package creates a risky debt trajectory and a ZDF Politbarometer found 59 percent of respondents oppose taking on such high new borrowing.
- Separate confirmed developments: the Nations League match Serbia v Germany will be shown live on RTL and a limited number of selected German fans and children will be admitted to the stadium.