German government is getting prepared for deficit spending in case of recession

Author: Greg Michalowski | Category: News

According to report from Der Spiegel

Der Spiegel is reporting that German government is getting prepared for deficit spending in case of a recession.  

Recall that last week, there were reports that Germany was considering fiscal spending to finance a climate plan.  Now, getting this report about fiscal stimulus.

The EURUSD has moved up on the news. 

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