November 22, 2020

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)

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