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Germany sees 2009 public debt at 1.7 trillion euros
Germany's public debt will rise to 1.706 trillion euros ($2,415 billion) this year from 1.580 trillion at the end of 2008, a Finance Ministry forecast seen by Reuters on Tuesday showed.
The ministry figures were requested by Carl-Ludwig Thiele, a finance expert with the opposition Free Democrats (FDP), who said in a statement detailing the numbers that the government had failed in its goal to consolidate the public finances.
Finance Minister Peer Steinbrueck, a Social Democrat, said last month when presenting a draft 2010 budget that despite the economic crisis Germany needed to return to a path of budget consolidation.
The ministry figures were requested by Carl-Ludwig Thiele, a finance expert with the opposition Free Democrats (FDP), who said in a statement detailing the numbers that the government had failed in its goal to consolidate the public finances.
Finance Minister Peer Steinbrueck, a Social Democrat, said last month when presenting a draft 2010 budget that despite the economic crisis Germany needed to return to a path of budget consolidation.