German debt skyrockets ...News

Interest charges have jumped tenfold in two years, according to the Finance Ministry Interest owed on Germany’s public debt has soared from €4 billion ($4.2 billion) in 2021 to €40 billion (over $42 billion) currently, German Finance Minister Christian Lindner revealed on Monday. “This is the money that we will not have enough of for other purposes in the future: education, digitalization and investment in climate protection. Thus, it makes economic sense to contain the growth of debt,” he wrote on Twitter. At the same time, the minister noted that Germany would continue to strengthen its energy security, increase

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