Comments by a German economy minister spokeswoman
- Too early to assess economic damage from the virus outbreak
- There are no signs of any supply bottlenecks
- Assistance for firms are available if needed
I don't even know how to begin to interpret this. No stimulus coming isn't really a good thing but then again they're saying that everything is fine, so what now?
I guess only time will tell whether or not the virus outbreak will have a major impact on the German economy but the comment on supply bottlenecks sort of contradicts with the PMI survey from earlier this month, so you be the judge.
