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Germany approves 130 bln euro coronavirus stimulus package

Chancellor Angela Merkel said her conservatives and their Social Democrat coalition partners agreed on Wednesday on a stimulus package worth 130 billion euros that is designed to speed up Germany’s economic recovery from the coronavirus pandemic. The coalition partners resolved differences on incentives to buy new cars and relief for highly indebted municipalities, paving the way for a fiscal programme that is substantially bigger than similar packages by Germany’s euro zone partners. (Reporting by Joseph Nasr Editing by Paul Carrel) Our Standards:The Thomson Reuters Trust Principles.0 : 0narrow-browser-and-phonemedium-browser-and-portrait-tabletlandscape-tabletmedium-wide-browserwide-browser-and-largermedium-browser-and-landscape-tabletmedium-wide-browser-and-largerabove-phoneportrait-tablet-and-aboveabove-portrait-tabletlandscape-tablet-and-abovelandscape-tablet-and-medium-wide-browserportrait-tablet-and-belowlandscape-tablet-and-belowAppsNewslettersAdvertise with UsAdvertising GuidelinesCookiesTerms of UsePrivacyAll quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2020 Reuters. 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