BERLIN (AFP) – The German government is preparing a 25 billion euro plan for January to help rescue the ailing economy, a regional finance minister was quoted as saying Wednesday.
The daily Rhein-Zeitung quoted Ingolf Deubel, finance minister for the state of Rhineland-Palatinate, as saying the plan would amount to around one percent of Germany's gross domestic product.
Another daily, the Frankfurter Rundschau, also gave a figure of 25 billion euros mixing two-thirds of investments and one-third in fiscal measures, which would run up to the end of 2010. It did not give any sources.
A spokesman for the federal finance ministry, contacted by AFP, said that "there is not yet any decision, so there are not yet any figures."
The German press had hitherto spoken of a rescue programme amounting to between 30 and 40 billion euros.
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