German coalition parties clash over aid package for virus-hit municipalities
German Finance Minister Olaf Scholz has run into opposition from Chancellor Angela Merkel's conservatives over a plan worth 57 billion euros (50.93 billion pounds) to help municipalities cope with plunging tax revenues caused by the coronavirus crisis.The drop in business activity has hit tax revenues and left a hole in public finances.The aid package from Scholz, a Social Democrat (SPD), aims to help cities and towns stabilise their finances with a cash injection worth 12 billion euros to compe
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