Germany will increase borrowing plans by nearly 40 bn euros this year

  • New debt total will be up around 140bn EUR

Info ahead of German Federal Minister of Finance Lindner presenting the supplementary budget to cabinet Wednesday.

  • Germany will increase borrowing plans by nearly 40 billion euros this year
  • To soften the economic impact of the war in Ukraine & surging energy prices via new government measures

Bloomberg citing three people familiar with the matter.

lindner 25 April 2022

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