German plans 822-bn economic aid package to fight virus crisis: draft bill
- Country:
- Germany
The German government is planning an economic aid package worth 822 billion euros to prevent companies from going under during the coronavirus pandemic, according to a draft bill seen by AFP on Saturday
The funds will go towards a slew of aid programs, including help for employees forced into shorter work hours
They may also be used to fund the partial nationalization of large enterprises in order to keep them afloat, according to the text.
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