Economy
German government deficit could hit 3.5% in 2023 — Spiegel
FILE PHOTO: The European Central Bank (ECB) presents the new 50 euro note at the bank’s headquarters in Frankfurt, Germany, July 5, 2016. REUTERS/Ralph Orlowski/File Photo
BERLIN (Reuters) — Germany’s government deficit could reach as high as 3.5% next year, the Spiegel news magazine reported on Friday citing experts from the Finance Ministry.
According to their estimates, the public debt ratio will rise to over 67% in 2023 and remain largely stable in the years following, the report said.
