German Fiscal Debt Expenses Quadrupled – Feb. 2023
The German Finance Ministry just reported net interest expenses of €7.7bn for February 2023. Net interest expenses for January and February 2023 amount to €12.8bn, which is an increase of 288% over the previous year’s period!
Should you wonder, why the hike in interest expenses comes so suddenly and what it has to do with selling bonds at discounts or premiums, please check in HERE.