Germany officials will hold preliminary talks on Monday on extending stricter lockdown measures beyond January 10, according to Bloomberg. The lockdown measures include closing schools and non-essential stores even as the government faces criticism over the vaccination program’s delays.
- Reports have held that authorities have agreed to prolong curbs until January 31
- The projected curbs come when Germany’s daily tally of virus cases and deaths reached record numbers last week, before falling back over the New Year.
- Germany and the EU started vaccinations on December 27, but authorities warn it will take months for the immunization effort to have tangible impacts on curbing virus spread.
- So far, Germany has vaccinated less than 0.3% of its population, lower than 1.3% in the U.S and 1.4% in Britain.
- Germany’s Chancellor Angela Merkel has been blamed for low vaccinations as she prevented a plan for a national vaccine alliance and instead pushed for an EU-wide solution, which led to a lack of BioNTech shots
German stocks are currently gaining. DAX is up 1.23%
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