External debt of Germany can reach 1.7 trln. еuro

External debt of Germany is expected to increase by 126 billion and will reach 1.7 trillion euros by the end of this year, DPA reported referring to sources from the German government.
Debt per capita of the country is expected to increase from 19 240 euros 20 773 euros in 2009, announced the leader of the Free Democratic Party, Karl Lyudvig occipital, cited by the Agency „Focus“.
German economy expected to shrink at an unprecedented 6 percent this year as a result of the global economic crisis. The ruling coalition government widely predicted that the net needed fresh loans worth 49 billion euros for 2009, while 86.1 billion of new loans are provided for 2010

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Finance