Germany, the economic powerhouse of Europe, is facing a financial crisis due to its huge beer debt, according to a leaked report from the International Monetary Fund (IMF).
The report, which was obtained by The Onion, reveals that Germany owes more than $500 billion to various breweries and pubs around the world, mainly in Belgium, Ireland and the Czech Republic.
The debt accumulated over the years as Germany imported large quantities of beer to satisfy its thirsty population, but failed to pay its bills on time.
The report warns that if Germany does not repay its beer debt soon, it could face serious consequences, such as losing its credit rating, being cut off from international trade and facing sanctions from the European Union.
The report also suggests that Germany could sell some of its assets, such as its famous castles, cars and sausages, to raise funds to pay off its beer debt.
However, German Chancellor Olaf Scholz dismissed the report as “fake news” and said that Germany had no intention of defaulting on its beer debt.
“We are a responsible and reliable partner in the global community and we always honor our obligations,” Scholz said in a statement. “We have enough money to pay for our beer and we will do so in due time.”
Scholz also said that Germany was proud of its beer culture and that it would continue to enjoy its favorite beverage without any guilt or fear.
“Beer is not only a drink, but a way of life for us Germans,” Scholz said. “We will not let anyone take away our beer or our happiness.”