German committee approves 217.8 billion euros of new debt for stimulus package

ca.sports.yahoo.com
1 min read
difficult
Germany's parliamentary budget committee gave the green light to a second supplementary budget on Wednesday to finance a bumper stimulus package aimed at helping Europe's biggest economy recover from the impact of the coronavirus. Germany is facing its deepest recession since World War Two and
BERLIN (Reuters) - Germany's parliamentary budget committee gave the green light to a second supplementary budget on Wednesday to finance a bumper stimulus package aimed at helping Europe's biggest economy recover from the impact of the coronavirus.

Germany is facing its deepest recession since World War Two and after slight changes, record new debt of up to 217.8 billion euros is planned for this…
Reuters
Read full article