German debt reaches all-time high

Apr 1st 2023 3:20am EDT

Soaring state borrowing is linked to the energy crisis, government statistics service has said Germany’s public debt reached a new record of €2.37 trillion ($2.6 trillion) at the end of 2022, data released by the Federal Statistical Office (Destatis) on Wednesday showed. The debt owed by the overall public budget to the non-public sector rose […]

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