German parliament plans extra 1 bln euros for anti-coronavirus measures-Xinhua

German parliament plans extra 1 bln euros for anti-coronavirus measures

Source: Xinhua

Editor: huaxia

2020-03-11 04:05:15

BERLIN, March 10 (Xinhua) -- German parliament would provide additional budget, up to one billion euros (1.2 billion U.S. dollars), for measures against the new coronavirus, said faction leader of governing conservative union (CDU/CSU) Ralph Brinkhaus on Tuesday.

The funds will be used, among other things, to support research activities, said Brinkhaus.

He stressed that national health authorities and Minister of Health Jens Spahn "will get all the means" they would need to tackle the coronavirus crisis.

On Monday, German governing parties of the conservative union (CDU/CSU) and the Social Democratic Party (SPD) had already agreed on various measures to support German companies affected by the coronavirus epidemic.

Expanding agreed investment paths and enabling new priorities, the coalition committee announced an "investment offensive" with an additional expenditure of 12.4 billion euros until 2024 and is also planning to offer liquidity support to affected German companies.


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