Germany eyes $190 billion in new debt in 2021, sources say

Global Economy

Reuters
22 November, 2020, 06:40 pm
Last modified: 22 November, 2020, 06:42 pm
A government source said last month that the 96 billion euros initially eyed by Scholz for next year would not be enough

German Finance Minister Olaf Scholz plans to take on about 160 billion euros ($190 billion) in new debt in 2021, two people familiar with the matter said on Sunday.

The Finance Ministry was not immediately available for comment.

A government source said last month that the 96 billion euros initially eyed by Scholz for next year would not be enough.

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.