As I said in an earlier post about China, these are the weeks that are picking international winners and losers, economically speaking.
Germany has set out a roadmap for cautiously lifting coronavirus lockdown measures, while in the U.K., the government is set to extend the country’s lockdown, amid growing calls for an explicit exit strategy.
Germany announced Wednesday that small shops (with a retail space of below 800 square meters) will be allowed to re-open from Monday April 20, as long as hygiene and social distancing measures are in place, according to public broadcaster Deutsche Welle. In addition, larger car dealerships, bike shops and book shops can also reopen.
Schools in the country will open their doors on Monday May 4 giving priority to students that have to take exams. Large, mass gatherings will remain banned until August 31, however. A decision on lifting restrictions on social venues, such as restaurants and bars, is expected to be taken at a later date.