Economics

Germany Closes In on Historic Bailout to Counter Virus Blow

  • Lawmakers set to vote on unprecedented 750 billion-euro plan
  • There’s ‘no blueprint’ for this crisis, finance minister says
Germany Headed to a Recession Likely Worse Than 2008: Ifo’s Fuest
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Germany took a step toward declaring a state of emergency to unlock a historic rescue package aimed at cushioning the blow of the coronavirus pandemic.