Germany mulls 57 billion euros emergency aid for virus-hit municipalities - document
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BERLIN (Reuters) - German Finance Minister Olaf Scholz is working on an aid package worth 57 billion euros (50.93 billion pounds) to help municipalities cope with a plunge in tax revenues caused by the coronavirus crisis, a finance ministry document showed on Saturday.The package should help towns stabilise their public finances and include extra relief for some heavily indebted municipalities, according to the finance ministry document seen by Reuters.