Germany eyes $190 billion in debt in 2021 to set off Covid impact: Sources


By Holger Hansen BERLIN (Reuters) - German Finance Minister Olaf Scholz plans to take on at least 160 billion euros ($190 billion) in new debt in 2021 to help stave off the economic impact of the coronavirus pandemic, three people familiar with the matter said on Sunday.

This is at least 64 billion euros higher than the 96 billion euros initially eyed by Scholz for next year. Parliament has suspended Germany's debt brake to allow the government to take on net new debt of up to 218 billion euros to finance rescue and stimulus.....

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