Grimm, Veronika; Nöh, Lukas; Wieland, Volker - In: International Finance 26 (2023) 3, pp. 286-303
This paper assesses the possible development of government interest expenditures for Germany, France, Italy and Spain. Until 2021, governments could anticipate a substantial further reduction in interest expenditure. This outlook has changed drastically with the surge in inflation and government...