Germany to use exception to debt brake, eyes new borrowing - source
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BERLIN (Reuters) - Germany plans to declare an exception to the debt brake enshrined in the constitution during a meeting on Monday to finance fiscal stimulus measures in the fight against coronavirus, an official with knowledge of the plan said on Thursday.This means that Berlin will take on new debt this year for the first time since 2013, the official added. Under the German debt brake rule, the federal government can take on new debt of up to 0.35% of economic output. But it can go beyond..