The German Review

The German Review

Magic tricks at the Finance Ministry

Jörg Luyken's avatar
Jörg Luyken
Dec 01, 2022
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The German government is using legal tricks to hide the true extent of its spending and is stacking up so much debt that its actions “threaten the future sustainability of the public finances.”

That is the alarming conclusion of the Federal Audit Office.

“In (the first) 70 years of its existence, the federal government built up public debt of 1.3 trillion…

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