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German Finance Minister: Public debt has increased 10 times since 2021

2023-02-27T13:27:45.635Z


Berlin, SANA- German Finance Minister Christian Lindner revealed today that the German public debt has increased ten times since


berlin-sana

German Finance Minister Christian Lindner revealed today that the German public debt has increased ten times since the beginning of 2021.

Lindner said on his Twitter account: “The country's debt burden has increased from 4 to about 40 billion euros since 2021, and this means that we will not have enough for other purposes in the future such as education, digitization and investment in climate protection, and therefore it makes economic sense to contain debt growth.”

Lindner explained that the increase in debt was due to emergency measures during the Corona pandemic and the energy crisis in Europe.

And led to the energy crisis last year, which resulted from the European Union's sanctions against Russia, to record inflation in European countries, as annual inflation in Germany reached 8.7 percent last January, according to the German Federal Statistical Office.

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Source: sena

All business articles on 2023-02-27

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