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	consequences of budget deficit in Germany
	Budget deficit, the state of the budget in which government expenditure exceeds revenue, is the cause of numerous unpleasant effects on the country’s economy. Germany, which has recently announced that it will not be able to keep its 2002 budget deficit within the EU guidelines, now encounters the question how to deal with this lack of revenue. Obviously Germany must attempt to increase its revenues. ... The resulting measures and their consequences would be: • Tax raises: By raising taxes, Germany could, but need not necessarily, be able to increase its revenues. Approximate Word count = 351 Approximate Pages = 1.4 (250 words per page double spaced)

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