Germany is planning a stimulus package that would help companies and employees rebound more quickly from the economic crisis
BERLIN - Parties in German Chancellor Angela Merkel’s coalition wrestled on Tuesday over final details of a huge stimulus package to aid recovery from the COVID-19 pandemic, including whether cash incentives to buy new cars should exclude combustion engines.
“It will take a long time and probably will not end today,” SPD co-leader Norbert Walter-Borjans told reporters ahead of the talks as he entered the chancellery, adding that one area of contention was help for lower- and mid-income households. The package is meant to help companies and employees rebound more quickly from a pandemic that is expected to plunge Europe’s largest economy into its deepest recession since World War Two.
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