• Germany to impose strict lockdown during Easter

Market news

23 March 2021

Germany to impose strict lockdown during Easter

RTTNews reports that German Chancellor Angela Merkel and regional leaders of 16 federal states agreed late Monday to impose a hard lockdown during Easter amid an exponential growth in the number of coronavirus cases in the country, in what is being called a "third wave".

The government also decided to apply the hard lockdown "emergency brake" in regions with an incidence value above 100 for a seven-day period.

Germany also extended the current lockdown measures, which includes partial shutdown of non-essential stores, until April 18.

"We are in a very, very serious situation", Merkel said in a press conference following her meeting with the regional leaders. She said there is a new pandemic caused by a new virus which is more deadly and more infectious.

Several other European countries have also delayed plans for a gradual opening of the economy in the backdrop of the rising coronavirus cases and slower vaccinations.

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