It's the fifth consecutive budget without new borrowing. That is "good news for the young generation" and a good precondition for mastering the challenges facing us, said Angela Merkel.

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It's the fifth consecutive budget without new borrowing. That is "good news for the young generation" and a good precondition for mastering the challenges facing us, said Angela Merkel.

Chancellor Angela Merkel speaks in the German Bundestag as the draft 2019 budget is introduced.

It's the fifth consecutive budget without new borrowing. That is "good news for the young generation" and a good precondition for mastering the challenges facing us, said Angela Merkel.

Photo: Bundesregierung/Kugler