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Germany's Altmaier: Ruling coalition plans further steps to reduce tax burden for companies

"We are doing everything to shield the German economy from the coronavirus impact," Germany’s Economy Minister Altmaier said on Tuesday. "The government will secure liquidity of companies, especially for small- and medium-sized firms, affected by coronavirus."

Altmaier further noted that the ruling coalition party is planning further steps to reduce the tax burden for companies and reiterated that they are we're determined to avoid an economic crisis, as reported by Reuters.

EUR/USD reaction

The EUR/USD pair largely ignored these comments and was last seen trading at 1.1165, adding 0.3% on a daily basis.

SNB’s Maechler: Policy rests on negative interest rates, readiness to intervene

SNB is never under pressure, plans to discuss potentially revised current prognosis for moderate global economic growth in 2 weeks. SNB policy rests o
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Canada’s FinMin Morneau: Canada's fiscal position gives that leverage to respond

Shedding light on the possible plans to counter the coronavirus impact on the economy, Canadian Finance Minister Bill Morneau said that Canada's fisca
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