Germany's Public Debt Surpasses €25 Trillion
Debt Continues to Rise, Reaching Historic High
Key Details:
As of the third quarter of 2023, Germany's public debt has reached a staggering €25 trillion, a sharp increase of €774 billion (33%) compared to December 2022.
This represents a significant increase from the previous year, where the debt rose by €62 billion to €26 trillion.
However, the debt-to-GDP ratio has remained stable for the second consecutive year.
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