German Bundestag Vice-President warns that his could become ‘bankrupt state’ due to energy spending

WORLD, Dec. 25 (YPA) – Wolfgang Kubicki , Vice-President of the German Bundestag warned that his country could soon become a dysfunctional, bankrupt state if it stays on the same path it is currently on and fails to deal with the ongoing energy crisis in light of its imbalanced financial policies.

“If we continue that way and want to provide energy assistance for years, then we could face state bankruptcy rather than state socialism,” Kubicki told the German Bild am Sonntag newspaper.

According to the Parliament’s deputy speaker, the extra money Germany is currently planning to spend on energy imports from elsewhere than Russia would be withdrawn from other areas, as the surplus can be “neither printed on a money printing machine nor covered by taxpayers.”

E.M