Economics

Germany Lines Up $370 Billion Borrowing Binge in Virus Fight

Germany could bolster resources with added 200 billion euros
Deputy Finance Minister Kukies comments in Bloomberg interview

Cargo Truck Tailbacks On The Polish Border As Coronavirus Disrupts Flows — Photographer: Rolf Schulten/Bloomberg

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By Birgit Jennen

March 22, 2020 at 4:18 PM UTC

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Germany may borrow as much as 350 billion euros ($370 billion) in an unprecedented financing push to cushion the fallout from the coronavirus pandemic.