By Steven Arons
FRANKFURT (MNI) - German Finance Minister Wolfgang Schaeuble said Friday
that Germany still had a chance of achieving a balanced budget next year but
reiterated that dealing with the refugee crisis would remain his political
The current budget for the coming fiscal year foresees a very slight
surplus, with Schaeuble's comments suggesting that it was becoming increasingly
difficult to maintain.
"We may be able to avoid a deficit next year," Schaeuble said, adding that
the final discussion of Germany's 2016 budget in the lower house of Parliament
would take place next week.
Underlining his strong commitment to the refugee question, Schaeuble said
the German openness had "saved the honour of Europe," while singling out "the
pictures from Cala