Chancellor Angela Merkel’s ruling coalition is working on a stimulus package to support the recovery from the coronavirus pandemic which is expected this year to plunge Europe's largest economy into its steepest recession since World War Two.
Finance Minister Olaf Scholz from the co-governing Social Democrats (SPD) and Economy Minister Peter Altmaier from Merkel’s Christian Democrats (CDU) are expected to present the measures next week, which they say should be “timely, targeted, temporary and transformative.”
Read the latest updates in our dedicated coronavirus section.
Below are the main proposals and key points of contention on which officials must find a compromise.
$824 billion rescue package
Funds for Small companies
Altmaier also wants to help the private sector by making it easier to offset losses against taxes on previous profits and by granting more write-off possibilities for certain investments.