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Germany Unleashes $800 Billion Package to Cushion Virus Blow

  • Merkel’s government rolls out ‘bazooka’ to shore up economy
  • Economy minister vows to protect German companies from raiders
A border patrol guard checks a truck driver's temperature near the border of Germany and Poland, in Frankfurt an der Oder, Germany.

A border patrol guard checks a truck driver's temperature near the border of Germany and Poland, in Frankfurt an der Oder, Germany.

Photographer: Rolf Schulten/Bloomberg
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Germany signed off on taking on billions in new debt as part of an unprecedented package totaling more than 750 billion euros ($800 billion) to cushion the fallout from the coronavirus pandemic.