Germany’s Finance Minister Christian Lindner plans cuts in areas including unemployment payments to close the €17 billion ($18.5 billion) gap in the country’s 2024 budget, according to Funke Mediengruppe.
“We will have to deal with three major cost blocks,” he told Funke newspapers in an interview published Saturday. Lindner, who leads the pro-market FDP party, highlighted welfare — which includes jobless support — international financial aid and other funding programs.
