BERLIN (Reuters) – A stimulus package that includes lower value-added tax, handouts for parents and support for companies is designed to lift Germany out of the coronavirus crisis promptly and effectively, Finance Minister Olaf Scholz said on Friday.
“We want to go out of the crisis with full strength,” Scholz said during a news conference to unveil some measures of the 130 billion euro ($147.11 billion) package that were approved by the cabinet and will be submitted to parliament for a vote on June 29.
(Reporting by Paul Carrel; Writing by Joseph Nasr; Editing by Michelle Martin)
