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social economy

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Economy

Success Factors of Social Market Economy in Germany Amid COVID-19

Justus Lenz and Liberales Institut/March 2, 2021 /Leave a comment

In recent months, many countries have introduced enormous stimulus packages to help their economies overcome the devastation caused by the COVID-19 crisis. In Germany, the government made available emergency funds, created sector-specific relief programmes, and implemented demand stimulus measures such as a temporary reduction in the sales tax rate.

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