Germany’s public debt spending set to double – media

Jul 16th 2022 1:42am EDT

Inflation will force the country to spend an additional €14 billion to service government loans Servicing government loans in 2023 will cost Germany nearly twice as much as it currently spends due to soaring inflation, German media group Redaktionsnetzwerk Deutschland (RND) reported on Friday, citing documents from the country’s finance ministry on next year’s budget. […]

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