Germany plans 100 billion euros in new debt - Der Spiegel

BERLIN (Reuters) - German Finance Minister Olaf Scholz plans a supplementary budget in late summer, which could involve taking on 100 billion euros ($108.25 billion) in extra debt in order to compensate for collapsing tax revenues, Der Spiegel magazine reported on Friday.The new debt would drive the budget deficit to over 10% this year, its highest level in the history of the Federal Republic of Germany's post-World War Two history, Der Spiegel said. It added about 50 billion euros of this would..