Germany's coronavirus support will last two months, think tank tells paper

FILE PHOTO: German police control cars during a partial lockdown in Munich, Germany, March 21, 2020, as the spread of the coronavirus disease (COVID-19) continues. REUTERS/Andreas Gebert

FRANKFURT (Reuters) - Germany's 750 billion euro (669.8 billion pounds) package to soften the economic impact of the coronavirus outbreak on Europe's largest economy will last for about two months, an independent economics think tank told a German newspaper group.

"In the short term, we are in a kind of war economy in which the state plays a bigger role in coordinating the economy than normally," Reint Gropp, head of the Leibniz Institute for Economic Research told RedaktionsNetzwerk Deutschland.