New Debts Noticeably More Expensive: German State Makes a Reduction of 71 Billion Euros in the First Half of the Year
10 Articles
10 Articles
For the first time since the Corona pandemic, Germany has broken the three-percent deficit mark. In the first six months, the state spends 71.3 billion euros more than it collects. This is due to additional expenditure in the field of defence and additional investments and subsidies.
Special assets, defence, infrastructure: the public sector spent significantly more money in the first half of the year than it did in the first half of the year, which means that Finance Minister Klingbeil is tearing down the Maastricht border.
The German state spends more than it receives. The deficit in the first half of the year was above the targets of the EU Stability Pact. The rising interest costs are particularly worrying.
In terms of gross domestic product (GDP) in current prices, the deficit ratio for the first half of 2026 is 3.1 percent.The Maastricht Treaty, among other things, sets the reference value for the government deficit with three percent of gross domestic product.The contribution of government deficit rises to 71.3 billion euros appeared first on Tichy's insight.
The German state continues to spend more than it takes. In the first half of 2026, this mainly concerned additional expenditure in the field of defence. At the same time, rising bond yields make new debts increasingly expensive.
Germany's budget deficit amounted to €71.3 billion in the first half of 2026, according to preliminary calculations. As the Federal Statistical Office (Destatis) announced on Tuesday, this represents an increase of €36.6 billion compared to the same period of the previous year. Measured against gross domestic product (GDP) at current prices, this equates to a deficit ratio of 3.1 percent for the first half of 2026. The Maastricht Treaty sets, am…
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