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Germany eyes $190 billion in new debt in 2021, sources say

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

https://static.reuters.com/resources/r/?m=02&d=20201122&t=2&i=1542059863&r=LYNXMPEGAL07R&w=800

Source: Reuters

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