German Fiscal Debt Expense Explosion Continues
German Public Debt Expenses 2022 YTD Are 6x 2021
The German Finance Ministry reported net interest expenses of €1.9bn for June 2022 and €11.5bn YTD. The latter is 6x the equivalent value of 2021! Should you still wonder, why the hike in expenses comes so sudden and what it has to do with selling bonds at discounts, please check in HERE.