BERLIN, Aug. 14 (Xinhua) -- Parts of Germany's stimulus package in response to the COVID-19 crisis would damage the domestic economy because over 40 billion euros (47.3 billion U.S. dollars) of the subsidies had to be "viewed critically," according to a study released Friday by Germany's economic think tank Kiel Institute for the World Economy (IfW Kiel).
For instance, some 4.4 billion euros that funded the promotion of electromobility via a purchase premium of electric vehicles could even be classified as "damaging to the economy as a whole" and should be "deleted without replacement," IfW Kiel said in the study.
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