Open Demo Account
Home / Market Update / Germany Facing Weaker Q4 Growth Due to Lockdown

Germany Facing Weaker Q4 Growth Due to Lockdown

M. Ali 12 November, 2020 10:58 pm Market Update

A partial lockdown in Germany this month could lead to weaker economic growth during the fourth quarter (Q4) of 2020, according to the German Finance Minister Olaf Scholz.

The minister also said on Thursday that a government stimulus package could help offset the effect of the lockdown, Reuters reported.

The aid package is valued at an initially planned EUR 10 billion, the minister noted.

Tags

Check Also

Dollar Climbs Amid Trade Talk Confusion and Fed Rate Cut Hopes

The US Dollar gained ground on Friday, with the US Dollar Index (DXY) rising 0.37% …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends