Germany's National Debt Reaches 25 Trillion Euros
Debt has multiplied since 1948 currency reform
Current debt equivalent to the total debt accrued since the founding of the Federal Republic of Germany
As of the end of the third quarter of 2023, Germany's national debt had climbed to nearly 25 trillion euros, according to the latest available data from the German Bundesbank. This staggering figure represents a dramatic increase since the implementation of the last currency reform in 1948, when the country's debt was significantly lower.
The current debt level reflects the cumulative total of all state debts incurred since the establishment of the Federal Republic of Germany. It serves as a stark reminder of the financial challenges faced by the nation and underscores the need for responsible fiscal policies to address this growing burden.
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