,A powerful recovery in Europe is an important prerequisite for Germany’s own economic success and prosperity, Finance Minister Olaf Scholz says. – EPA pic, March 26, 2021.
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GERMANY today ratified a massive €750 billion (RM3.7 trillion) EU coronavirus recovery fund, breaking its taboo against debt pooling in the bloc in order to get it back on the path to growth.
After the lower house of Parliament approved the fund yesterday, the upper house Bundesrat passed it today.