FILE PHOTO: German Minister of Finance Olaf Scholz speaks during a plenum session at the lower house of parliament, Bundestag, in Berlin, Germany March 13, 2020. REUTERS/Annegret Hilse
FRANKFURT (Reuters) - German finance minister Olaf Scholz said on Saturday that the government was readying a supplementary budget of 150 billion euros (137 billion pounds), as part of a broader funding package to tackle the economic impact of the coronavirus outbreak.
"A hundred and fifty billion is a large amount, but it gives us the flexibility that we now need," Scholz said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
