German Economy European ExemplarGermany announced it will balance its budget, achieving zero deficit by 2014—two years sooner than expected. In 2013, the deficit will fall below 0.5 percent.SavePrintIlya Rzhevskiy10/29/2012|Updated: 10/29/2012Share this articleLeave a commentIlya RzhevskiyAuthorAuthor’s Selected ArticlesEU Ban on Plastic Bags Making ImpactAug 31, 2016Alhambra: One of Spain’s Greatest Cultural TreasuresAug 13, 2014Happiest, Gloomiest Countries in the WorldJul 28, 2013Floods Yet to Reach Their Peak in GermanyJun 08, 2013Related TopicsEuropean UnionGermanyeconomybudget deficitwolfgang schäuble