Borrowing Never So Cheap for Germany as Merkel Mulls Stimulus
- Nation gets paid on 30-year debt sale even as demand sags
- Government confident of selling short-term debt in recession
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Germany getting paid to borrow for three decades will reassure Chancellor Angela Merkel’s government as it looks at contingency plans for a crisis.
Merkel’s coalition is mulling reviving the economy by boosting expenditure. If she should tap bonds to help stoke growth, she’d find the cost far better than a decade ago when borrowing hit a postwar record during the international bank crisis.