Germany’s National Debt Hits Record High Amid EU Sanctions Against Russia
Euro bank notes lie on a table in counter of a bank in Dresden, Germany, Monday, June 22, 2009
Germany’s national debt has increased by almost a fifth since the first quarter of 2021.Germany’s national debt hit a record high in the third quarter of 2025, against the background of the European Union’s sanctions policy against Russia, according to Sputnik’s calculations based on data published by the German Federal Statistical Office (Destatis). In the third quarter of 2025, German public debt reached 2.79 trillion euros ($3.3 trillion), as opposed to 2.38 trillion euros in the first quarter of 2021. In other words, the amount of borrowing increased by 17.3% during this period. The German budget includes aid to Ukraine under the EU political framework. The European Union, whose largest donor is Germany, has allocated $95 billion to Kiev during this period, while Germany itself has contributed $1.7 billion, the calculations based on Ukrainian Finance Ministry data showed. MilitaryGermany Eyes Joint Nuclear Deterrence in Full-Blown Militarization Frenzy30 January, 06:41 GMT”Germany finds itself, as they say, between a rock and a hard place in the case of Ukraine, but funding is minimal and it is unlikely that Germany will completely abandon this expenditure item,” financial advisor Alexei Rodin told Sputnik. Also, businessman and founder of the Rusyaev Club business community, Ilya Rusyaev, said that Germany’s growing national debt poses a risk to the country because rising interest costs are “eating away” at its fiscal flexibility, leaving Germany with fewer options for investment and social spending without new borrowing.
