
die Staatsverschuldung
public debt
The state or process in which a country takes on debt and increases its financial obligations. The term is often used synonymously with 'Staatsschuld' (national debt) to refer to the total amount of debt.
Die hohe Staatsverschuldung schränkt den Handlungsspielraum der Regierung ein.
The high public debt limits the government's room for action.
