Germany lines up €100bn equity ‘bazooka’ to fight Covid-19

Sam Kerr

March 24, 2020 03:30 pm

24 March 2020, Berlin: Olaf Scholz (SPD), Federal Minister of Finance, takes part in the parliamentary group meeting of his party in the Bundestag. Photo: Kay Nietfeld/dpa | Kay Nietfeld/DPA/PA Images

Germany has said it will take the unprecedented step of buying equity stakes in German businesses to protect its economy against the damage caused by the spread of the coronavirus.

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Topics

Regulation Coronavirus Germany Health and Biotech Equity Europe Follow-ons and Rights issues EMEA SRI Equity People and Markets People and Markets

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Sam Kerr