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Germany’s Merkel: Industry has got through the covid crisis well

The German industrial sector has got through the coronavirus pandemic well, the country’s Chancellor Angela Merkel said on Tuesday.

Additional comments

“Better than in some other European countries.”

“State aid necessary as an exceptional measure, but it must be rolled back when the situation improves. “

“Will have to spend gigantic amounts in the next few years.”

“Must get public finances back in order in coming years.”

“Government aid for companies can end in most cases.”

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According to FX Strategists at UOB Group, USD/CNH’s upside momentum could extend to the 6.5000 area in the next weeks. Key Quotes 24-hour view: “Our e
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ECB’s Rehn: PEPP buying is flexible, follows market conditions

The European Central Bank (ECB) Governing Council Member Olli Rehn made some comments on the economy and monetary policy during his appearance on Tues
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