News In Brief

Ticker

German tax revenue set to break record

22.10.12 @ 08:57

  1. By EUOBSERVER

German tax revenue rose in September to €50.8bn, with the year total expected to exceed €600bn for the first time, the Finance Ministry said in its monthly report out Monday. For the fourth quarter the ministry expects “significant economic weakening” due to the downturn in some eurozone countries.