Lockdown will not be maintained a day longer than necessary

Remarks by German chancellor, Angela Merkel

  • The goal is to lift restrictions only when justified
  • We have achieved goal of reversing virus infection trend
  • We have stopped health system from being overburdened
  • But we have to prepare for new variants to become dominant
  • Only a matter of time before variants/mutations gain upper hand
  • That could destroy all the progress we’ve made

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In case you missed it, Germany has announced that they will extend lockdown until 7 March. While that seems to be where they will start easing restrictions, Merkel has been warning about virus variants/mutations so that will be something to take note of in case it becomes more widespread and threaten another potential lockdown in Q2/Q3.

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By Jonathan Prop

Jonathan Prop is an independent financial advisor. He has been working in finance for the last 20 years. After retiring early in his 40s, Jonathan decided to help others get to grip with financial markets, particularly his area of expertise - forex!

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