(Latest newspaper from newstime-June 5- 2020)German Chancellor Angela Merkel has said her coalition government has agreed to a 130 billion-euro package to offset Corona's economic losses. By doing so, it will be brought down to 19 to 16 percent. Families will receive an additional 300 euros per child from the government to support the children.
At a press conference on the economic package in Berlin, Chancellor Merkel said the new measures were aimed at easing financial pressures, protecting jobs and He said that this financial plan would give a new lease of life to the recessionary economy and all the allies in the government have supported the measures included in the economic package.
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