7 years ago
2
Good news Germany: you now have less than €2,000,000,000,000 in debt
The German public debt has dropped below €2 trillion for the first time in years thanks to robust economic growth. Public debt in Germany sank to €1.967 trillion in 2017, marking a drop of 2.1 percent in comparison with 2016, figures released by the statistics office (Destatis) showed on Thursday. The €42.1 billion drop in public debt levels is a result of high tax intakes from a booming economy and historically low interest rates.
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https://www.thelocal.de
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How can one cheer about economic growth, when it is actually having less debt?
One must face the final curtain with a bow.