Germany To Borrow Almost 180 Billion Euros In 2021

Germany intends to borrow 179.82 billion euros, which is $214.36 billion one year from now, almost twofold the 96 billion euros at first predicted, as Berlin stretches out guide measures to moderate effect of the COVID-19 pandemic on Europe’s greatest economy, officials told media on Friday.

Parliamentary budget committee of Germany of legislators conceded to the plans in the early long stretches of Friday following 17 hours of discussions.