Germany's chancellor Merkel: Coronavirus pandemic situation likely to get more difficult in the coming months

Market news

28 August 2020

Germany's chancellor Merkel: Coronavirus pandemic situation likely to get more difficult in the coming months

The situation continues to be serious
Economy should be kept alive, further efforts are needed to bring it back to life
Negotiations with European Parliament on recovery fund have not been easy
Germany is to get around €22 billion from recovery fund
Things won't return to normal until we have a coronavirus vaccine

BoJ reaffirms that it will maintain current monetary policy even as Japan's PM Abe resigns

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