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Germany planning billions of euros in financial aid to help companies and employees affected by coronavirus

Citing sources with knowledge of the matter, DPA news agency reports that German Finance Minister Olaf Scholz and Economy Minister Peter Altmaier are planning billions of euros in financial aid to help companies and employees affected by the coronavirus outbreak.

Meanwhile, Altmaier told Spiegel that strategically important firms could be nationalized if coronavirus places them in difficulties.

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