Germany may have to double its debt next year

Germany may have to borrow twice as much next year due to slowing economy The German Finance Ministry has sent a letter to the Bundestag, saying that due to the slowdown in the economy, it may need to borrow almost twice as much as expected next year, around 36 billion euros. Germany had previously predicted that it would need to borrow 17.2 billion euros of new debt in 2023.