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Germany's public debt climbed to a record high at the end of 2024, with per capita liabilities exceeding 30,000 euros (34,594 U.S. dollars), official data showed on Tuesday.
The German government will on Wednesday back a 2026 draft budget which includes record investment of 126.7 billion euros and ...
In total, Germany plans to spend €649 billion ($761 billion) on the military over the coming five years. It marks a continuation of a historic shift that began with Russia’s invasion of Ukraine and ...
The German cabinet on Wednesday approved a 2026 draft budget featuring record investment of 126.7 billion euros ($146.41 ...
After constitutional changes earlier this year that released Germany’s “debt brake,” the cabinet unveiled a federal budget calling for historic borrowing.
Germany’s finance minister Lars Klingbeil has warned that a €170bn budget shortfall poses a “massive challenge” to the ruling coalition even as Europe’s largest economy embarks on a debt-funded ...
Germany's Bundestag on Tuesday voted in favor of a major fiscal package, with 513 votes in favor and 207 votes against. The reforms include changes to the long-standing debt brake rule and a 500 ...
Germany’s Finance Agency confirmed it will sell €92.5 billion ($100 billion) in federal government debt in the second quarter, and announced plans to reintroduce sales of seven-year bonds in ...
In contrast, though German debt is also rising, Europe's biggest economy is the only G7 member with a debt-to-GDP ratio below 100%, bolstering its safe-haven credentials.
Germany wanted to be seen as a positive counterexample through austerity," said Zahran. Though Germany is beginning to rethink its relationship to public borrowing, debt looms large in the national ...
Desmond Lachman took part in an International Economy Symposium of Views. In these troubled economic times, the one thing to be optimistic about is Germany’s recent decision to lift its debt brake.