Home German Chancellor Merkel’s coalition reaches deal on german stimulus package – Bloomberg
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German Chancellor Merkel’s coalition reaches deal on german stimulus package – Bloomberg

Bloomberg reported that the German coalition parties have agreed on on on a big stimulus package that will strengthen the overall economy and allow the labour market to recover more quickly from the coronavirus pandemic.

Market implications

The coronavirus pandemic further hit Germany’s labour market in May as companies continued to slash thousands of jobs and put millions of employees on reduced working hours, data showed on Wednesday, more to come…

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