Germany's public debt rises again due to ongoing COVID-19 pandemic


BERLIN, Sept. 28 (Xinhua) -- Germany's public debt increased by 25 billion euros (24 billion U.S. dollars) in the second quarter (Q2) of 2022 to 2.34 trillion euros, the Federal Statistical Office (Destatis) said on Wednesday.

While government debt fell slightly at the start of the year, Europe's largest economy has seen a "continued increase in the financing requirements of the federal government and its special funds as a result of the ongoing pandemic situation," Destatis explained.

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