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The German debt-to-GDP ratio is likely to rise slightly this year but then fall steadily until 2028, the finance ministry said on Wednesday.
The ministry expects the debt-to-GDP ratio at 64% in 2024, according to projections for the EU Commission, which were approved by the cabinet on Wednesday.
In 2023, the debt-to-GDP ratio was at 63.6%.
(Reporting by Christian Kraemer, writing by Maria Martinez)