Germany's Spahn on COVID situation: Complete contact reductions could come into effect
|Commenting on the coronavirus situation in Germany, German Health Minister Jens Spahn said on Friday that they will have to take drastic measures if they fail to take decisive action now, per Reuters. "Complete contact reductions could come into effect then," Spahn added.
Additional takeaways
"Coronavirus situation is dramatic, more serious than at any other time in pandemic so far."
"Wake-up call has not reached everyone in Germany."
"This wave will spread across Germany."
"Number of contacts between people must be reduced."
Market reaction
Safe-haven flows continue to dominate the financial markets on Friday and Germany's DAX 30 Index was last seen losing nearly 3% on a daily basis at 15,450.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.