Public education spending exceeds 100 billion euros for the first time

According to Minister Annette Schavan, the results of the new education finance report are "an outstanding signal for the future of our country". The most import result of the report is that public education spending exceeds 100 billion euros for the first time in 2010. The total of 102.8 billion euros is almost 4 billion euros more than 2009.

The significant increase in rank can also be seen in relationship to the total budget of the government. While in 1995 13.9 per cent of public spending were invested in education, this number increased to 18.1 per cent in 2010. Schavan said, "We have set the right priorities - expecially during the economic crisis. This effort will pay off for all of us because a country's international competitiveness significantly depends on the education level of its population."