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  • 12:00

    Germany approves 180 billion Euros of debt in 2021 to cope with pandemic

    Germany is slipping further into debt in its efforts to cope with the coronavirus pandemic, and is planning to take on another 180 billion Euros of debt next year, AFP reports.

    The parliamentary finance committee debated the decision for 17 hours before finally approving it. Germany is traditionally very conservative in its approach to public debt but the pandemic is breaking rules all over the world.