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Berlin - AAP 5370537724001 With an extension of Germany s lockdown past January 10 almost certain, the retail industry is worried that keeping shops closed could spell the end for tens of thousands of businesses. The situation is really very serious, said Stefan Genth, managing director of the German Retail Federation (HDE), who added that retailers feel like they ve been forgotten during the pandemic. In a letter that was sent to Chancellor Angela Merkel over the weekend, the HDE called for some kind of perspective and targeted and effective aid for stores affected by the closures. Up to 50,000 shops with a combined total of more than 250,000 employees are at risk of closing if the country s lockdown is extended, according to the association.

Augsburger allgemeineAngela merkelMarcel fratzscherOlaf scholzStefan genthGerman retail federationGerman institute for economic researchChancellor angela merkelMinister olaf scholzGerman instituteEconomic researchஏஞ்சலா மர்கல்ஓலேஃப் ஸ்கோல்ஸ்ஜெர்மன் சில்லறை கூட்டமைப்புஜெர்மன் நிறுவனம் க்கு பொருளாதார ஆராய்ச்சிஅதிபர் ஏஞ்சலா மர்கல்