The German industrial sector has weathered the coronavirus pandemic wellsaid the country’s Chancellor on Tuesday, Angela Merkel.
Featured statements
“We are better than in other European countries.”
“State aid is necessary as an exceptional measure, but it must be reversed when the situation improves.”
“TWe will have to spend gigantic amounts in the next few years.”
“We must put public finances back in order in the next few years.”
“The government aid for businesses may end In most cases.”
Market reaction
Nothing seems to move the euro as it maintains its range just below 1.1900 against the US dollar so far this Tuesday.
The pair is down 0.19% on the day, currently trading at 1.1894.
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