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Skyrocketing German Debt: A Cause for Concern
2023 Sees Dramatic Increase
Government Borrowing Surges Amidst Economic Uncertainty
Germany's public debt has soared by a staggering 62 billion euros in 2023, reaching a new peak of 262 trillion euros. This alarming increase, confirmed by the Federal Statistical Office (Destatis), represents a significant jump of 33 billion euros or 774 billion euros compared to the end of 2022.
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