€200 billion in new debt: Germany‘s not so frugal budget | DW News
Germany is grappling with its largest new debt since the Covid pandemic. Defense spending is rising against the backdrop of the threat by Russia and a looming China Shock 2.0. In an interview with Deutsche Welle, conservative lawmaker Johannes Volkmann discusses fundamental reforms, pension overhauls, and Europe’s security.
0:00 – Germany’s €200 billion debt plan
1:15 – Breaking down the new budget numbers
3:30 – The end of the “debt brake”?
5:45 – Political reactions & coalition debate
8:10 – Economic impact on Germany and the EU
9:40 – Key takeaways
#Germany #Deficit #SocialSafetyNet
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