The coronavirus pandemic situation in Germany is worse than anybody had expected and they are under pressure to act, German Economy Minister Peter Altmaier said on Thursday, as reported by Reuters. “The government so far has made available €75 billion for firms hit by the pandemic,” Altmaier noted. “The government will continue a strong response to the pandemic but measures can only be temporary.” The minister further reiterated that they will do everything they can to guarantee that 2021 will be a year of recovery. Market reaction Germany’s DAX 30 Index inched slightly lower after these remarks and was last seen gaining 0.12% on the day at 13,956. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/PLN: NBP to protect the 4.50 level – Rabobank FX Street 2 years The coronavirus pandemic situation in Germany is worse than anybody had expected and they are under pressure to act, German Economy Minister Peter Altmaier said on Thursday, as reported by Reuters. "The government so far has made available €75 billion for firms hit by the pandemic," Altmaier noted. "The government will continue a strong response to the pandemic but measures can only be temporary." The minister further reiterated that they will do everything they can to guarantee that 2021 will be a year of recovery. Market reaction Germany's DAX 30 Index inched slightly lower after these remarks and was last seen gaining 0.12%… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
