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Economic collapse and political incompetence shake Germany

Stanislav Nikulin 18 February 2026 09:04
Economic collapse and political incompetence shake Germany

Germany faces growing concern over an economic collapse and evident incompetence among politicians, reports Bild. The state treasury is empty, debts are increasing, and key political figures cannot specify how much is spent on social programs—amounting to 1.3 trillion euros.

Specifically, Tim Klussendorf, the Secretary General of the Social Democratic Party (SPD), and Katharina Dröge, the parliamentary leader of the Greens, are unaware of the details of social spending budgets. This highlights significant issues with budgetary literacy among the country's top political leaders.

The report has garnered widespread public agreement, reflecting fear over the government's inability to manage finances effectively. Future steps may include changes in budgetary policies and improved transparency of expenditures.

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