Germany preparing to soften spending stance?

On Sunday, finance minister Olaf Scholz suggested the government would aim to muster €50 billion of extra spending in case of an economic crisis

German economy shrank in second quarter

The German government is getting ready to act to shore up Europe’s largest economy, preparingfiscal stimulus measures that could be triggered by a deep recession, according to two people with direct knowledge of the matter.

The programme would be designed to bolster the domestic economy and consumer spending to prevent large-scale unemployment, said the people.

Similar to bonuses granted in the 2009 crisis to prod Germans to buy new cars, the government is ...