Germany considering stimulus program in case economy is hit hard by coronavirus – Handelsblatt
The German government is considering the option of introducing a stimulus programme in case the economy is hit hard by coronavirus epidemic, Reuters reported on Thursday, citing German news outlet Handelsblatt.
On a similar note, German newspaper Die Zeit on Tuesday said German Finance Minister Olaf Scholz was planning to suspend the debt brake temporarily to give relief to local governments.
The shared currency continues to outperform its rivals after this headline. As of writing, the EUR/USD pair was up 0.68% on the day at 1.0953.