Coronavirus live news: Germany reveals major stimulus plan as global cases grow by 100,000 a day

€130bn German package cuts VAT, offers cash grants; Mumbai introduces new restrictions after hurricane; Italy opens borders; Follow the latest updates

12.35am BST

In case you missed this earlier: Germany will plough €130bn (US$146 billion) into a stimulus package to kick-start an economy severely hit by the coronavirus pandemic, Chancellor Angela Merkel said Wednesday.

Under the wide-ranging measures outlined in a 15-page document, value-added tax will be temporarily slashed, families will receive 300 euros for each child, while those who purchase electric cars will see a government rebate doubled to €6,000.

12.24am BST

Hello and welcome to today’s live coverage of the coronavirus pandemic with me, Helen Sullivan.

As always, please do get in touch on Twitter @helenrsullivan or email: helen.sullivan@theguardian.com.

Continue reading…
€130bn German package cuts VAT, offers cash grants; Mumbai introduces new restrictions after hurricane; Italy opens borders; Follow the latest updatesExclusive: governments and WHO changed Covid policy bases on suspect data from tiny US companyArchitect of Sweden’s coronavirus strategy admits too many diedGlobal report: confusion over travel restrictions as EU starts opening bordersCoronavirus latest: at a glance 12.35am BST In case you missed this earlier: Germany will plough €130bn (US$146 billion) into a stimulus package to kick-start an economy severely hit by the coronavirus pandemic, Chancellor Angela Merkel said Wednesday.Under the wide-ranging measures outlined in a 15-page document, value-added tax will be temporarily slashed, families will receive 300 euros for each child, while those who purchase electric cars will see a government rebate doubled to €6,000. 12.24am BST Hello and welcome to today’s live coverage of the coronavirus pandemic with me, Helen Sullivan. As always, please do get in touch on Twitter @helenrsullivan or email: helen.sullivan@theguardian.com. Continue reading…

Coronavirus outbreak, World news, UK news, US news, Australia news

Be the first to comment on "Coronavirus live news: Germany reveals major stimulus plan as global cases grow by 100,000 a day"

Leave a comment

Your email address will not be published.


*