Mittenwalde () is a town in the
Dahme-Spreewald district, in
Brandenburg
Brandenburg, officially the State of Brandenburg, is a States of Germany, state in northeastern Germany. Brandenburg borders Poland and the states of Berlin, Mecklenburg-Vorpommern, Lower Saxony, Saxony-Anhalt, and Saxony. It is the List of Ger ...
,
Germany
Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...
. It is situated 30 km southeast of
Berlin
Berlin ( ; ) is the Capital of Germany, capital and largest city of Germany, by both area and List of cities in Germany by population, population. With 3.7 million inhabitants, it has the List of cities in the European Union by population withi ...
(centre).
On May 28, 1562, the town of Mittenwalde lent Berlin 400 guilders, a debt which has never been repaid, though the town has attempted to collect the debt on rare occasions. As of 2020, this debt would be equivalent to about 113.92 million euros ($127.05 million) with simple interest, but with
compound interest
Compound interest is interest accumulated from a principal sum and previously accumulated interest. It is the result of reinvesting or retaining interest that would otherwise be paid out, or of the accumulation of debts from a borrower.
Compo ...
, the debt would be 43.58 quintillion euros, far larger than the global economy.
2012 report on debt
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Demography
File:Bevölkerungsentwicklung Mittenwalde.pdf, Development of Population since 1875 within the Current Boundaries (Blue Line: Population; Dotted Line: Comparison to Population Development of Brandenburg state; Grey Background: Time of Nazi rule; Red Background: Time of Communist rule)
File:Bevölkerungsprognosen Mittenwalde.pdf, Recent Population Development and Projections (Population Development before Census 2011 (blue line); Recent Population Development according to the Census in Germany in 2011 (blue bordered line); Official projections for 2005-2030 (yellow line); for 2020-2030 (green line); for 2017-2030 (scarlet line)
References
Localities in Dahme-Spreewald
Teltow (region)
{{Brandenburg-geo-stub