Schaeuble says lower tax forecasts due to weaker Q4 GDP
- New tax estimates positive overall
- Will not exceed planned 2013 net new debt of €17.1bn
- Still aim for zero federal structure deficit in 2014
- Aim for zero fed net borrowing by 2015
- Have realistic chance of taking no new debt from 2015
- Has no additional room for manoeuvre after these estimates
- Overall tax burden is appropriate
2013 total tax take seen at €615.2bn, down €2.8bn from October estimate
2014 €638.5bn -€3.8bn from Oct
2015 €661.9bn -€2.3bn
2016 €683.7bn -€2.2bn
2017 €704.5bn -€2.1bn
