AIRLINK 72.42 Increased By ▲ 3.22 (4.65%)
BOP 5.00 Increased By ▲ 0.10 (2.04%)
CNERGY 4.28 Increased By ▲ 0.02 (0.47%)
DFML 32.27 Increased By ▲ 1.02 (3.26%)
DGKC 79.30 Increased By ▲ 2.05 (2.65%)
FCCL 20.70 Increased By ▲ 0.70 (3.5%)
FFBL 34.77 Decreased By ▼ -0.23 (-0.66%)
FFL 9.28 Increased By ▲ 0.16 (1.75%)
GGL 9.86 Increased By ▲ 0.06 (0.61%)
HBL 113.39 Increased By ▲ 0.63 (0.56%)
HUBC 133.80 Increased By ▲ 0.76 (0.57%)
HUMNL 7.00 Increased By ▲ 0.05 (0.72%)
KEL 4.24 Increased By ▲ 0.01 (0.24%)
KOSM 4.42 Increased By ▲ 0.17 (4%)
MLCF 36.95 Increased By ▲ 0.35 (0.96%)
OGDC 133.30 Increased By ▲ 0.43 (0.32%)
PAEL 23.75 Increased By ▲ 1.11 (4.9%)
PIAA 24.86 Increased By ▲ 0.66 (2.73%)
PIBTL 6.47 Increased By ▲ 0.01 (0.15%)
PPL 117.58 Increased By ▲ 1.28 (1.1%)
PRL 26.23 Increased By ▲ 0.33 (1.27%)
PTC 13.19 Increased By ▲ 0.11 (0.84%)
SEARL 52.60 Increased By ▲ 0.60 (1.15%)
SNGP 68.20 Increased By ▲ 0.60 (0.89%)
SSGC 10.47 Decreased By ▼ -0.07 (-0.66%)
TELE 8.36 Increased By ▲ 0.08 (0.97%)
TPLP 11.10 Increased By ▲ 0.30 (2.78%)
TRG 58.80 Decreased By ▼ -0.49 (-0.83%)
UNITY 25.24 Increased By ▲ 0.11 (0.44%)
WTL 1.27 No Change ▼ 0.00 (0%)
BR100 7,444 Increased By 35 (0.47%)
BR30 24,250 Increased By 213.6 (0.89%)
KSE100 71,126 Increased By 458.7 (0.65%)
KSE30 23,308 Increased By 83.9 (0.36%)
Business & Finance

German economy can get through long virus lockdown

  • We can hold out for a long time," Scholz told ZDF television.
Published January 6, 2021

BERLIN: Europe's biggest economy can hold out through a coronavirus shutdown for a long time, German Finance Minister Olaf Scholz said on Wednesday, adding he expected lower levels of government debt than after the financial crisis of 2008.

"We can hold out for a long time," Scholz told ZDF television. "Budget legislators in the German parliament have authorised us to provide the aid that is needed," he said.

Comments

Comments are closed.