Germany plans fiscal splurge despite plunging tax revenues

BERLIN (Reuters) - German Finance Minister Olaf Scholz said on Thursday that a massive plunge in tax revenues will not stop the government from presenting a stimulus package next month to help companies recover from the coronavirus crisis.The German economy, Europe's largest, is facing its deepest recession since World War Two, even though a lockdown to contain the spread of the virus is being gradually eased. The plunge in business activity is pushing down tax revenues and tearing a gigantic..