Home Business Merkel warns of patience in the corona crisis – and expresses cautious hope

Merkel warns of patience in the corona crisis – and expresses cautious hope

by drbyos
Angela Merkel in Berlin

Despite cautious hope, the Chancellor warns of taking too much of the easing.

(Photo: AFP)

Berlin According to Chancellor Angela Merkel (CDU), the corona virus will continue to determine life in Germany for a long time. There is reason to be confident, said Merkel on Thursday in Berlin with regard to the spread of the virus. At the same time, she emphasized: “We must not weigh ourselves in safety.”

The Chancellor warned against taking a big step in easing the very tough regulations, “which will then throw us back completely”. The worst would be if the current tough or even tougher security measures had to be taken. “And that’s why it will take patience.”

The Chancellor also pledged to support the planned European bailout package of around EUR 500 billion for vulnerable states, companies and jobs in the crisis. She hoped that this would be decided in the Eurogroup, said the politician.

However, Merkel still rejects common European debts via corona bonds. She said there were so many other ways to show the much needed solidarity in Europe. Germany is ready and obliged to do so.

It relies on the instruments that are being discussed in the Eurogroup: precautionary credit lines from the ESM euro rescue fund for troubled countries, extended programs of the European Investment Bank (EIB) for companies and the “Sure” short-time worker program proposed by the EU Commission.

More: NRW Prime Minister Laschet campaigns for “flexible entry” with effective corona rules.

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