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Germany's public debt reaches new record high

Shortpedia

Content Team
Image Credit: latestly

Total public debt is up in Germany, reaching a new record of over €28,000 per person. Much of the debt on the national level is connected special COVID and energy funds from the last years.Germany's total public debt reached €2.37 trillion (roughly $2.6 trillion) at the end of 2022 — a new record high — Federal Statistical Office (Destatis) announced on Wednesday.