Public Debt: German Government Deficit Rises Significantly in the First Half of the Year
7 Articles
7 Articles
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.
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.
aachener-zeitung.de
According to preliminary calculations, the government's financing deficit amounted to €71.3 billion in the first half of 2026. As the Federal Statistical Office (Destatis) further reports, 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% for the first half of 2026. The Maastricht Treaty sets, amon…
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