Deutsche Bank MO-11. Fiscal balances remain under control, yet for how long? 4 °/0 of GDP 3 2 1 0 -1 -2 -3 -1 -Fiscal balance: Outturn Primary balance: Outturn Fiscal balance: Target — Primary balance: Target —Cent Govt Debt (RHS) % of GDP 42 40 38 36 -4 34 11 12 13 14 15F 16F SOU.): Have. Analytics. MineAry of Finance. and Deutsche Bank Deutsche Bank Deutsch., Bank 13 CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0070016 CONFIDENTIAL SDNY_GM_002 16200 EFTA01374999