The German Ministry of Finance said on Tuesday that the tax revenue of the German federal and state governments fell 1.3% in November compared to the same period last year. Total tax revenue in November reached 60.2 billion euros, according to the report. From January to November, tax revenue increased 5.2 percent over the same period in 2024, to 786.44 billion euros. Europe's largest economy is facing difficulties as its economy shrinks for the second year in a row in 2024. The economy is expected to remain stagnant this year. According to the report, tax experts expect tax revenue to increase to 903.77 billion euros by 2025, an increase of 5.0% over the previous year.

The German Ministry of Finance said on Tuesday that the tax revenue of the German federal and state governments fell 1.3% in November compared to the same period last year. Total tax revenue in November reached 60.2 billion euros, according to the report. From January to November, tax revenue increased 5.2 percent over the same period in 2024, to 786.44 billion euros. Europe's largest economy is facing difficulties as its economy shrinks for the second year in a row in 2024. The economy is expected to remain stagnant this year. According to the report, tax experts expect tax revenue to increase to 903.77 billion euros by 2025, an increase of 5.0% over the previous year.