"It's a bit ironical that Germany viewed itself as the de facto leader of the EU and now due to EU policies has basically gone broke".
According to Central Bank of Germany, the debt ratio, meaning the ratio of debt to nominal gross domestic product (GDP), fell for the second year in a row, to 63.7%. That is, of course, in great part due to Germany being post covid.
German general government debt up in 2023 by €62 billion to €2.62 trillion, debt ratio down from 66.1% to 63.7% | Deutsche Bundesbank
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