Merkel Vows Government Support for Germany’s Virus Recovery

(Bloomberg) — Chancellor Angela Merkel said the government will support Germany’s tentative recovery from the fallout of the coronavirus crisis “with all its strength.”



A sign tells customer to put a mask on at a fruit and vegetable stall at Viktualienmarkt in Munich, Germany, on Thursday, Sept. 24, 2020. The Bavarian capital city has imposed a five-person limit on gatherings and made mask wearing mandatory in certain public areas in central Munich.


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A sign tells customer to put a mask on at a fruit and vegetable stall at Viktualienmarkt in Munich, Germany, on Thursday, Sept. 24, 2020. The Bavarian capital city has imposed a five-person limit on gatherings and made mask wearing mandatory in certain public areas in central Munich.

Europe’s largest economy is showing signs of improvement, but the scale of the damage justifies Germany’s unprecedented borrowing and spending, Merkel said in a video statement to Germany’s BDI industry lobby in Berlin on Tuesday. But the powerful group slammed the government for not doing enough to bolster competitiveness.

“Indeed, things have been gradually improving since May,” she said. To support this trend, “new debt under extraordinary circumstances is unavoidable — and justifiable in these

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Germany’s Merkel Defends Government Record During Pandemic | World News

BERLIN (AP) — German Chancellor Angela Merkel on Wednesday defended her government’s record during the coronavirus pandemic, telling lawmakers that the country had fared well compared to many of its peers.

The far-right Alternative for Germany, the largest opposition party, accused Merkel during a budget debate in Parliament of using the crisis as an excuse to spend taxpayers’ money and promote what it described as “corona socialism.”

Merkel rejected the charge, noting that despite putting together an unprecedented stimulus package and breaking its previous borrowing rules, Germany continues to have the lowest public debt ratio of all countries in the Group of Seven industrialized nations.

Germany, like many of its European neighbors, has seen an increase in COVID-19 cases in recent weeks. Official figures released Wednesday showed 1,798 new cases nationwide in the last 24 hours, taking the total since the start of the outbreak to 289,219. Germany has also

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Germany’s Merkel defends government record during pandemic

BERLIN (AP) — German Chancellor Angela Merkel on Wednesday defended her government’s record during the coronavirus pandemic, telling lawmakers that the country had fared well compared to many of its peers.

The far-right Alternative for Germany, the largest opposition party, accused Merkel during a budget debate in Parliament of using the crisis as an excuse to spend taxpayers’ money and promote what it described as “corona socialism.”

Merkel rejected the charge, noting that despite putting together an unprecedented stimulus package and breaking its previous borrowing rules, Germany continues to have the lowest public debt ratio of all countries in the Group of Seven industrialized nations.

Germany, like many of its European neighbors, has seen an increase in COVID-19 cases in recent weeks. Official figures released Wednesday showed 1,798 new cases nationwide in the last 24 hours, taking the total since the start of the outbreak to 289,219. Germany has also

Read More