Germany’s public debt is out of control, needs $220 billion by 2035 (opens in new tab)

According to a recent report by the International Monetary Fund (IMF), Germany needs around €220 billion in adjustments – savings or additional revenue – by 2035 to stabilize its public debt, which is considered to be achievable primarily by restructuring the pension system, reducing subsidies and targeted tax increases, Handelsblatt reported, as cited by Hungarian portal Portfolio. […]