Germany is on track to record its largest budget deficit since reunification, according to a recent report from the Bundesbank. The central bank’s warning highlights mounting fiscal pressures as the country grapples with economic challenges stemming from energy costs, inflation, and global uncertainties. This fiscal shortfall marks a significant shift for Europe’s largest economy, raising concerns over the sustainability of public finances amidst ongoing geopolitical and economic turbulence.
Germany Faces Largest Fiscal Deficit Since Reunification Amid Economic Pressures
Germany is set to record its most significant fiscal shortfall since the historic reunification in 1990, as the Bundesbank warns of escalating economic challenges. The government’s budget deficit is projected to widen sharply due to increased social spending and energy-related costs driven by global disruptions. This marks a notable shift for Europe’s largest economy, which traditionally prioritizes fiscal…
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Author : Ethan Riley
Publish date : 2025-12-21 07:08:00
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