Home Germany considering stimulus programme in case economy is hit hard by coronavirus – Handelsblatt

Germany considering stimulus programme in case economy is hit hard by coronavirus – Handelsblatt

Updated: 27 Feb. 2020 | 13:42

The German government is considering the option of introducing a stimulus programme in case the economy is hit hard by coronavirus epidemic, Reuters reported on Thursday, citing German news outlet Handelsblatt.

On a similar note, German newspaper Die Zeit on Tuesday said German Finance Minister Olaf Scholz was planning to suspend the debt brake temporarily to give relief to local governments.

EUR/USD reaction

The shared currency continues to outperform its rivals after this headline. As of writing, the EUR/USD pair was up 0.68% on the day at 1.0953.

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