German deficit spending in the first half of the year skyrocketed and it expected to be even higher in the second half
Janine RabeAugust 25, 2009
How expensive is the recession? Just look at the public coffers here in Europe's largest economy. The German government is spending more money than it is taking in. Deficit spending in the first half of the year skyrocketed and it expected to be even higher in the second half.