FILE PHOTO: German Finance Minister Olaf Scholz attends a joint news conference with Justice Minister Christine Lambrecht in Berlin, Germany, October 7, 2020. REUTERS/Hannibal Hanschke
BERLIN (Reuters) – German Finance Minister Olaf Scholz plans to take on about 160 billion euros ($190 billion) in new debt in 2021, two people familiar with the matter said on Sunday.
The Finance Ministry was not immediately available for comment.
A government source said last month that the 96 billion euros initially eyed by Scholz for next year would not be enough.
Reporting by Holger Hansen; Writing by Christoph Steitz; Editing by Andrew Heavens