Germany's finance minister Scholz: Aid package to compensate companies for partial lockdown in November will likely cost more than initially planned EUR10 bln

Market news

12 November 2020

Germany's finance minister Scholz: Aid package to compensate companies for partial lockdown in November will likely cost more than initially planned EUR10 bln

Partial lockdown in November will cost growth in Q4 but aid package should cushion the impact
We are able to limit economic impact of second wave
Exports and employment see better development

BBC Europe Editor: "EU diplomats sounding pessimistic about EU-UK negotiations"

U.S. Stocks open: Dow -0.66%, Nasdaq -0.08%, S&P -0.53%

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