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Unclear whether coronavirus has longer-term economic impact – Germany’s Scholz – Metro US

Unclear whether coronavirus has longer-term economic impact – Germany’s Scholz

BERLIN (Reuters) – German Finance Minister Olaf Scholz said on Monday it is not conceivable yet whether the coronavirus epidemic is a longer-term economic challenge, hours after Chancellor Angela Merkel’s cabinet agreed on measures to counter its impact.

The government will always ensure the economy has enough liquidity, Scholz told broadcaster Deutschlandfunk.

(Reporting by Thomas Seythal; Editing by Christoph Steitz)