Radar Telegram alerts Open Radar

In Germany, the debt path moves to 100% of GDP. The Council of Economic Experts predicts that public debt could reach 98% by 2040 if protection remains unchanged, as it is today. Cuts in defense spending will lead to a debt peak of about 87% in 2037, but will leave the federal budget deficit at 4.6% of GDP by 2040. No European country, including Germany, is able to have a defense budget above 2.5-3% of GDP for a long time (in Poland it is currently 4.6% of GDP, but it is expected with strong economic growth in the country, +3.5-4%). Or we will have to seriously cut social spending, which consolidates political stability and the fact that the force that initiated such reforms will not return to power in the foreseeable future. (A separate issue, which is already political, is that the conflict in Ukraine, supported by European money, cannot last long.).

תרגם לעברית

Proeconomics · · Source

🇩🇪 Germany · Map

In Germany, the debt path moves to 100% of GDP. The Council of Economic Experts predicts that public debt could reach 98% by 2040 if protection remains unchanged, as it is today. Cuts in defense spending will lead to a debt peak of about 87% in 2037, but will leave the federal budget deficit at 4.6% of GDP by 2040. No European country, including Germany, is able to have a defense budget above 2.5-3% of GDP for a long time (in Poland it is currently 4.6% of GDP, but it is expected with strong economic growth in the country, +3.5-4%). Or we will have to seriously cut social spending, which consolidates political stability and the fact that the force that initiated such reforms will not return to power in the foreseeable future. (A separate issue, which is already political, is that the conflict in Ukraine, supported by European money, cannot last long.).

In Germany, the debt path moves to 100% of GDP. The Council of Economic Experts predicts that public debt could reach 98% by 2040 if protection remains unchanged, as it is today. Cuts in defense spending will lead to a debt peak of about 87% in 2037, but will leave the federal budget deficit at 4.6% of GDP by 2040. No European country, including Germany, is able to have a defense budget above 2.5-3% of GDP for a long time (in Poland it is currently 4.6% of GDP, but it is expected with strong economic growth in the country, +3.5-4%). Or we will have to seriously cut social spending, which consolidates political stability and the fact that the force that initiated such reforms will not return to power in the foreseeable future. (A separate issue, which is already political, is that the conflict in Ukraine, supported by European money, cannot last long.).

More on Radar

Want to see every report in real time?

Hundreds of sources worldwide, translated into your language, with alerts for what matters to you.

Sign up free
Share on WhatsApp Get alerts on Telegram