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Germany Planning EUR 180 B Public Debt Next Year

M. Ali 27 November, 2020 3:27 am Market Update

The German government could increase its borrowing to around EUR 180 billion in 2021, as part of efforts to increase stimulus spending against the Coronavirus crisis, Bloomberg reported.

The new debt value is yet to be approved by the German parliament, as it is nearly double the initial estimate of a EUR 96 billion new debt.

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