Germany will not only incur economic costs due to coronavirus, but will even prosper after the pandemic. This opinion was expressed by the journalists of the New York Times.
As noted in the article, the German government took effective solutions in the fight against infection. The country has a low debt burden and good business reputation on the decline in world trade.
Besides, Germany was well prepared for epidemics due to the budget surplus. This helped to support people with direct payments, and also lower taxes and make loans for businesses.
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