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'Germany Plans to Cut 2017 Debt Sales .. Balanced-Budget..'

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<blockquote>'Germany posted a record annual surplus of 23.7 billion euros ($25 billion) for 2016, the National Statistics Office (Destatis) reported on Thursday.

The federal government alone accounted for 7.7 billion euros of the surplus, with the 16 states and communities across Europe's powerhouse contributing the bulk of the extra resources.

Destatis noted the 2016 surplus was highest since the country reunited in 1990 and marked the third annual surplus in a row.'

- Germany posts record budget surplus, February 23, 2017</blockquote>


Context

<blockquote>'..Germany will reach budget balance in 2015..' - 'In 2009, learning from the Swiss, Germany introduced its own balanced budget amendment..'

'..using debt to fund growth just leads to "zombifying" economies.'

Germany Plans to Cut 2017 Debt Sales Amid Balanced-Budget Push, August 17, 2016


'..World Debt Hits $152 Trillion.'

The World's Number 2 and 3 Economies Have a Massive Debt Problem, September 16, 2016

Global government debt</blockquote>