Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Too soon to end German lockdown, says Bavarian leader Soeder

Published 02/07/2021, 06:05 PM
Updated 02/07/2021, 08:00 PM
© Reuters. FILE PHOTO: Extended lockdown amid the coronavirus pandemic, in Frankfurt

BERLIN (Reuters) - It is too soon for Germany to lift its lockdown without risking a third wave of COVID-19 infections, Bavarian premier Markus Soeder said on Sunday, ahead of a crunch meeting to review the restrictions aimed at stemming the pandemic.

Chancellor Angela Merkel and the leaders of Germany's 16 federal states are due to meet virtually on Wednesday to discuss whether to ease the restrictions from Feb. 15, or extend a lockdown that began in mid-December.

"I think, basically, the lockdown will have to be extended for the time being," Soeder told broadcaster ARD.

"There is no point in just breaking it off now. Imagine: we open everything in one fell swoop, then within two, three weeks we will be in a situation maybe even worse than before," he said. "If we make a mistake now, we will have a third wave."

Wednesday's meeting would nonetheless have to produce a vision for a way out of lockdown, but how to do so would have to be discussed, Soeder said. Once a role model for fighting the pandemic, Germany is still struggling with a second wave.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.