BERLIN (Reuters) – Germany plans to take on net new debt of nearly 96.2 billion euros ($113.90 billion) next year to fight the coronavirus pandemic, finance ministry sources said on Friday.
Draft spending plans also foresee Germany reinstituting its so-called debt break in 2022, which will limit new debt to a tiny fraction of gross domestic product, the sources added.
(Reporting by Holger Hansen; Writing by Joseph Nasr)
