BERLIN, Dec. 14 (Xinhua) -- Just one day after the German government announced massive savings in order to deal with its budget crisis, leading economic institutes in the country on Thursday lowered their forecasts for the coming year.
The 2024 budget is missing 17 billion euros (18.53 billion U.S. dollars) due to the failed reallocation of COVID-19 relief funds for climate protection measures, after a court ruling last month.
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