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Germany plans a half-trillion euro fund to support companies thrown into payments difficulties by the coronavirus crisis, which will have the ability to guarantee liabilities or even inject capital when needed, Der Spiegel has reported.
According to Reuters, the roughly 500 billion euro ($538.05 billion) fund is modelled on the 480b euro Special Fund for Market Stabilisation that the government set up to prop up banks at the time of the financial crisis.
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