Europe’s economic powerhouse can overcome long-term coronavirus-induced lockdown, Germany’s Finance Minister said Wednesday Olaf Scholz, in an interview with ZDF television.
Featured statements:
“We can hold out for a long time“.
“Probably we have less debt after the pandemic than after the financial crisis of 2008“.
“The budget legislators in the German parliament have authorized us to provide the necessary assistance.”
Market reaction
He EUR/USD has caught a new wave of bids, as the US dollar returns to the red zone after both Democratic candidates lead the race for the Georgia Senate.
The pair last traded at 1.2316, gaining 0.20% on the day.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
