Germany will take until 2013 to comply with a European Union-mandated budget deficit limit as it runs up public debt totaling euro509 billion in the aftermath of the economic crisis, a projection showed Wednesday.
The figures, drawn up by experts from federal, regional and municipal governments, were broadly in line with officials' previous predictions on the deficit.
Germany, which for years sought to keep down borrowing, is running up high debt to finance spending aimed at steering its economy through the crisis.
Wednesday's figures, released by the Finance Ministry, showed that public debt will total euro112.5 billion …
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