Coronavirus – Merkel: The situation is still very serious – Her assessments of the course of the economy | ECONOMY



[ad_1]

“At the moment the situation is still serious, I would even say very serious,” said Chancellor Angela Merkel, referring to the evolution of the second wave of the coronavirus pandemic.

While acknowledging once again that restrictions on contacts with citizens are “an excessive requirement of democracy,” he notes that the relevant decisions are “one of the most difficult of his mandate.” However, he appeared moderately optimistic about the economic recovery in 2021 and whether there is a coronavirus vaccine.

RELEVANT ARTICLES

«However, restrictions are unavoidable. “If we waited for the beds to be filled in the Intensive Care Units, it would be too late.” 30-40% of the German population belongs to some kind of vulnerable group and needs special protection.

“The fight against the pandemic is not a purely medical issue, but also a moral, economic and social issue,” he said, expressing his sadness that an agreement on new measures was not possible during yesterday’s teleconference with the prime ministers. met strong resistance from local governments. “I am saddened by the fact that sometimes we do not move fast enough. In the end, it will cost more money. When we react quickly, we can get out of the limitations even earlier.” Because every day counts, that’s why yesterday I also proposed some measures, ” explained.

Merkel on the economic outlook

In terms of German economic outlook for 2021After the recession caused by the effects of the pandemic, which is the main theme of this year’s Bavarian press conference, the Chancellor noted that the lives and work of citizens will continue to be affected by the coronavirus as long as there is no vaccine, but relatively optimistic, although he describes as a “ray of light on the horizon” the fact that German biotech companies are “far ahead” in the effort to develop a vaccine. When we have a vaccine, “the vaccination will be done voluntarily,” he stressed, responding to the concern about a possible mandatory vaccination of the population that has been expressed lately.

In economics “We expect dynamic growth in 2021, provided we have the pandemic under control.“Said the Chancellor, referring to the financial support that state companies receive, which, as she said,” assumes an unusually large new debt “for this purpose. Looking particularly at the catering and entertainment sectors, she spoke of the sectors who have been greatly affected by the pandemic and promised that the state would assume its share of responsibility. “In the end, it is important to weigh all the limitations of the coronavirus with the economic and social problems. “It is not a decision between health and the economy, health and culture, but a decision that concerns them all together,” Merkel said. “These measures serve everyone, as a well-controlled pandemic is the best for the economy.”



[ad_2]