Germany's finance minister Sholz: Government wants to present stimulus package early June

Market news

14 May 2020

Germany's finance minister Sholz: Government wants to present stimulus package early June

We can cope with coronavirus crisis thanks to our solid fiscal policies of the past
We now must help companies to recover from coronavirus crisis
Fiscal stimulus measure will be timely, targeted, temporary and transformative
It's in our own interests that we also help European countries recover from coronavirus crisis
We don't need to think about changing the debt brake
Federal government must help municipalities stabilize local public finances

ECB's Governing Council member Villeroy: We are and will remain flexible in implementing pandemic emergency purchase programme

U.S. Stocks open: Dow -0.95%, Nasdaq -0.83%, S&P -0.91%

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