IMF says Germany's budget aims 'challenging'

The International Monetary Fund (IMF) has warned in a report that Germany's budget deficit could breach EU rules in 2005 if additional economic measures are not taken by the government.

"The government's goal is to reduce the deficit to 3.0% in 2005, which will be challenging," IMF economist Ajai Chopra said.

"Our latest estimates suggest that if no additional measures are taken before the budget has passed in December, and if the government relies only on the measures in the pipeline, then the

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