Chancellor Angela Merkel and state leaders have agreed to extend restrictive measures designed to stem a tide of new coronavirus infections until Jan. 10.
"We will beat this together," Johnson said in a message on social media, and urged the public to continue to follow guidance aimed at limiting the spread of the coronavirus.
Globally, a sharp rise in coronavirus cases has led to a string of renewed lockdowns, including strict measures in the U.S. state of California as well as Germany and South Korea.
"The announcement of imminent vaccine approvals makes financial market experts more confident about the future," ZEW President Achim Wambach said in a statement.
Aside from direct fiscal spending, the package included credit guarantees and loan facilities for small firms facing funding strains caused by the pandemic.
She said the government was fulfilling its responsibilities to control corona. If corona went out of control, it would be the responsible of the opposition.
Margaret Keenan, a 90-year-old grandmother from Northern Ireland, became the first person in the world on Tuesday to receive the Pfizer COVID-19 vaccine shot outside of a trial.
While the World Bank's revised forecast was worse than its previous estimate of a decline of 6.9%, it was slightly better than the government's forecast of an 8.5%-9.5% GDP drop this year.
According to a recent study, nearly 700,000 individuals in the United Kingdom, have been flung into poverty as a result of the pandemic.
The onset of the pandemic pushed the total number of poverty stricken individuals in the United Kingdom to more than 15 million, or 23 percent of the population.
Russia on Saturday began distributing the vaccine to the most exposed groups in the country, the start of the first large-scale vaccination against the disease there.
Fast forward four and a half years, and the business community is still urging the government to do everything within its power to avert a cliff-edge no-deal departure.