Business Merkel to Germans: Get your COVID-19 vaccine, or pay up Published 3 years ago on 11 August 2021 By Terry Power “I am firmly convinced that it is a good decision to take on a high degree of debt because anything else would mean we would be in the grip of the pandemic for a lot longer,” the German chancellor said in her annual summer address. Read More Related Topics:Angela Merkelcoronaviruscoronavirus relief packagecovid19EUEuropean UnionEuropean Union recovery fundFinance Minister Olaf ScholzGerman balanced budgetGerman ChancellorGermansGermanyMerkelMerkel to step down later this yearPaystimulus spendingvaccinewhat is Germany's debt levelwhen will Merkel retire