25-08-2020 23:51 via uk.finance.yahoo.com

German coalition agrees to extend coronavirus relief for economy

German coalition parties agreed on Tuesday to extend measures to cushion the effects of the coronavirus crisis on Europe's biggest economy, including prolonging a short-time work scheme and a freeze on insolvency rules."Corona remains a reality and a challenge," said Annegret Kramp-Karrenbauer, leader of the conservative Christian Democrats (CDU) after around seven hours of talks with their centre-left Social Democrat (SPD) coalition partners.
Read more »