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).
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you