WION-DW partnership: Germany's new biggest stimulus package of $146 BN

Jun 05, 2020, 05:25 PM(IST)
Chancellor Angela Merkel said on June 3 that Germany was set to plow 130 billion euros ($146 billion) into rebooting an economy severely hit by the coronavirus pandemic. The measures include temporarily cutting value-added tax from 19% to 16%, providing families with an additional €300 per child, and doubling a government-supported rebate on electric car purchases. Watch report.
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