Wednesday

26th Jul 2017

Ticker

Germany records €18.5bn surplus

German public finances recorded a budgetary surplus of €18.5 billion in the first semester, according to figures published on Wednesday by the statistical office. "The budgets of central government, state government, local government and social security funds continued to benefit from both a positive development of employment and economy and moderate spending policies," the Statistisches Bundesamt said. General revenues reached €692.9 billion, a 4.2-percent increase year on year.

Journalists on trial highlight Turkey crackdown

The trial, which opened Monday, of 17 journalists and administrative employees of the daily newspaper Cumhuriyet is considered one of the most important episodes in a systematic campaign to silence dissent.

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