Page 4 - Lars Feld News Today

Word Count: 795 Chancellor Angela Merkel is set to defend the plan, which includes an extension of most lockdown measures until March 7, in a speech to parliament on Thursday morning. Under the new guidelines — hammered out over five hours of intense talks with regional leaders on Wednesday evening — schools and daycare centers can restart in the coming days, and hairdressers will be allowed to open from March 1. The decision on schools marked a win for state leaders over Merkel, who sough...

Merkel Maps Out Path to Reopening Europe’s Largest Economy Bloomberg 11/02/2021 Arne Delfs (Bloomberg) -- Germany mapped out a path to reviving Europe’s largest economy, with children returning to school as soon as this month and shops allowed to resume sales from March if the country’s contagion rate continues to fall. Chancellor Angela Merkel is set to defend the plan, which includes an extension of most lockdown measures until March 7, in a speech to parliament on Thu...

04 Feb 2021 / 23:00 H. BERLIN, Feb 4 (Reuters) - The German economy is likely shrinking significantly in the current quarter, the head of an expert panel advising the government said on Thursday, as the country is in the midst of a shutdown meant to slow the spread of the pandemic. Europes largest economy is still able to grow by 3.0% or more this year, Lars Feld, chairman of the German Council of Economic Experts, told Reuters. "Im pretty confident that the easing (of restrictions) will come ...

Official data Thursday are expected to show that the German economy weathered the pandemic better than many nations last year, partly thanks to its resilient manufacturers, but a virus resurgence is fuelling concern for 2021. Europe's largest economy is likely to have contracted 5.5 percent in 2020, according to government estimates, a plunge comparable to that of the financial crisis in 2009, when output shrank by five percent. If confirmed,...