Berlin: It emerged on December 22 that the German government earned billions of euros from debt disbursement this year. It resulted due to negative interest rates on its securities, Finance Ministry State Secretary Florian Toncar said in a letter to a left-wing lawmaker. “Despite negative yields, German bonds are selling like hotcakes,” said Goerke, a lawmaker told. He also added, “The federal government could have sold even more bonds without any problem.”

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Hamas to stay in Doha if ‘useful’ for Gaza war mediation: Qatar

Qatar said that Hamas’s political leadership would stay in Doha as long…

Trump accuses Obama of treason, calls for prosecution

Donald Trump on Tuesday accused his predecessor Barack Obama of treason and…

Top EU court orders Apple to pay $14.3B to Ireland

The European Union’s highest court has ruled that Apple must pay $14.3…