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(Bloomberg) -- Austria has nearly doubled its borrowing plans in order to help cushion its economy from the worst of the coronavirus crisis, the latest sign of the drastic funding needs being drawn up across the continent.

The country will now raise about 60 billion euros ($68 billion) from debt operations in 2020, an all-time high, according to the Treasury. That compares to a prior estimate of just over half that. At least 35 billion euros will be by way of government bond offerings.