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€200 billion in new debt: Germany‘s not so frugal budget | DW News

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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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