Federal Chancellor Angela Merkel expects the German economy to recover broadly next year if the coronavirus is successfully tackled. “For 2021 we expect a strong growth momentum on the condition that we manage to control the pandemic,” Merkel said today at an economic forum of the Süddeutsche Zeitung newspaper, in which she was optimistic about the progress of several pharmaceutical companies in the development of effective vaccines . That German biotech companies “are among the most advanced” is a “ray of hope on the horizon,” said the head of the German government, who assured that when the vaccination process begins in this country, no one will be forced to be inoculated, although he stressed that the more people do it, the sooner the epidemic will end.
Angela Merkel stressed that her executive will continue as long as necessary to help all companies financially, for which “we assume a new and extraordinary large debt” of the state. He also recalled that Germany provides half of the funds that the European Union will distribute in the form of aid to the countries most affected by the consequences of the infectious disease. The Federal Chancellor called on the industry to endure the crisis. Winter will be “a time of harsh drought for some business sectors,” he acknowledged with a special eye on gastronomy, bars, hotels and the leisure industry, currently closed due to severe restrictions imposed to combat the pandemic. The way out of the crisis will be hard, but it can be done, he said.
Merkel called for increased efforts in the fight against the coronavirus. “For the moment the situation remains unalterably serious, I would say even very serious,” he said in his videoconference at the aforementioned forum, in which he did not hide his disappointment at the lack of agreements to apply new restrictive measures at the meeting which he celebrated this Monday with the prime ministers of the 16 federated states. “Every day counts in the fight against the coronavirus,” affirmed the conservative policy, which was also understanding about the sacrifices that the population must make. The restrictions are an “abuse for democracy”, but “unavoidable”, said the head of the Berlin government, for whom imposing them “has been one of the most difficult decisions of my mandate.” Merkel stressed that “if we wait for all the beds in the intensive care units to be taken, it will be too late.”
The Federal Chancellor commented in this regard that between 30% and 40% of the population in Germany belong to risk groups and must be protected. He added that the fight against the pandemic is not a simple medical issue, but also has its ethical, economic and social aspects. In the end, the important thing is to decide on the restrictions taking into account economic and social issues and it is not a matter of choosing between economy and health or between culture and health, but rather to think about health and economy and about health and culture, Merkel explained. “The measures serve everyone and a well-controlled pandemic is the best for the economy,” finally said the head of the German government.