BERLIN - In an unprecedented turnaround from its austerity policy pursued in the past, Germany is injecting hundreds of billions of euros into the economy to limit the impact of coronavirus outbreak.
On Monday (March 23), the German government agreed to take up new debt of €156 billion (S$245 billion).
Please subscribe or log in to continue reading the full article. Learn more about ST PREMIUM.
Have a question on the coronavirus outbreak? E-mail us at email@example.com
To get alerts and updates, follow us on Telegram.
We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused. Until we resolve the issues, subscribers need not log in to access ST Digital articles. But a log-in is still required for our PDFs.