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The current rate of COVID-19 infection is too high – Angela Merkel

German Chancellor Angela Merkel It said on Monday that the current rate of coronavirus infection is “too high”, adding that the third wave could be the hardest yet.

“Vaccine production capacity must be significantly increased, both in Europe and in Germany,” he said. Merkel.

Meanwhile, Business Insider reported Monday that German states agreed to extend the lockdown, which was supposed to end on April 18, by three weeks.

Market reaction

These comments do not appear to have a significant impact on market sentiment. At the time of writing, the DAX 30 index Germany was up 0.17% on the day to 15,260.

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