German economy and finance ministers announce *billions* of euros of help to businesses and to secure jobs including tax relief to companies #Covid_19 /1
Finance Minister Scholz says years of German government finance policy means there’s enough in coffers to « do whatever it takes » to protect German workers + businesses BUT in debt-averse Germany he quickly added gov would act responsibly and ensure finances remain stable /2
Angela Merkel warned today that #Covid_19 is ‘worse than the financial crisis’. She advised Germans to limit social contact /4
Finance Min Scholz said Germany learned lessons from financial crisis. It developed mechanisms that would use now to mitigate economic disruption of #coronavirus /5
German government under pressure to close schools nationwide after a number of German regions took matters into own hands and closed schools locally /6
Bundesliga matches will take place without spectators /7
