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2O Vy A further opening remains an illusion for the time being - The Times Hub

A further opening remains an illusion for the time being

A further opening remains an illusion for the time being

1,433 new corona infections from Friday to Saturday, a seven-day incidence of around 100, further spread of the British and South African mutation – not good conditions for further opening steps.  The  government wants to discuss this with experts tomorrow, Monday, but great expectations would be out of place.

And even if the federal government were to end the lockdown, according to economists this would not mean that the long-awaited economic upswing would come: Comparative studies in Scandinavia and the USA show that economies in countries and regions without strict lockdowns in the first phase of the epidemic crashed as well as in states with strict restrictions. “Since the virus creates uncertainty, many companies do not invest,” says Clemens Fuest, President of the Munich Ifo Institute. “When a dangerous virus is rampant, most people don’t go to the cinema, restaurant or concert, whether they are allowed to or not.”

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