BERLIN Jan 15 Germany met its debt brake target
in 2012, four years earlier than required, a finance ministry
source said on Tuesday, and Finance Minister Wolfgang Schaeuble
said the country was within reach of taking on no new structural
debt next year.
The ministry source said net new borrowing by Europe's
largest economy last year stood at 22.5 billion euros, well
below the ministry's previous projection of 28.1 billion euros.
Slower economic growth weighed on tax revenues towards the
end of 2012 and this signals weaker revenue growth in 2013 than
last year, the source added.