According to CoinMeta, Germany's Budget Committee has finalized the 2027 budget, which includes new borrowings totaling over 210 billion euros, the second-highest level since World War II. After weeks of negotiations, the committee reached an agreement on this budget plan with total expenditures of 561 billion euros in the early hours of local time. To facilitate the agreement, the planned plastic tax and sugar-sweetened beverage tax were canceled or postponed, and the plans to cut social security spending were also put on hold or delayed. The budget plan is now ready to be submitted to parliament for voting. The opposition parties accuse the government of using "brazen tactics" to try to cover up its borrowing behavior and spending on basic income support. Data shows that the total amount of new borrowings reaches 210.4 billion euros, second only to the record of 215.4 billion euros set during the COVID-19 pandemic in 2021. The new borrowings under the core budget, amounting to about 123 billion euros, do not include the additional borrowings authorized by the special measures passed last year aimed at increasing infrastructure and defense spending.