Germany's Merkel planning “lockdown light” to tackle coronavirus – Bild

Eren Sengezer FXStreet

German Chancellor Angela Merkel is planning to introduce new coronavirus-related restrictions measures called "lockdown light," Reuters reported on Monday, citing German newspaper Bild.

According to the report, Merkel wants to keep schools and kindergartens open in regions that don't have very high infection numbers and will focus on the closure of bars, restaurants and cancellation of events. New measures are expected to be discussed on Wednesday.

Market reaction

The EUR/USD pair showed no immediate reaction to this headline and was last seen losing 0.32% on a daily basis at 1.1822.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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