German coalition will seal big stimulus package, strengthen economy - minister

by Reuters
Wednesday, 3 June 2020 10:24 GMT

BERLIN, June 3 (Reuters) - German Labour Minister Hubertus Heil said on Wednesday he was optimistic that coalition parties would agree on a big stimulus package that would strengthen the overall economy and the labour market recover more quickly from the coronavirus pandemic.

Speaking to reporters in Berlin after data showed a further rise in unemployment in May, Heil said firms had put around 6 million people on reduced working hours under the government's Kurzarbeit short-time working scheme as of the end of April. (Reporting by Michael Nienaber Editing by Michelle Martin)

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