Advertisement
UK markets closed
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • HANG SENG

    16,541.42
    +148.58 (+0.91%)
     
  • CRUDE OIL

    83.00
    +1.65 (+2.03%)
     
  • GOLD FUTURES

    2,240.00
    +27.30 (+1.23%)
     
  • DOW

    39,839.23
    +79.15 (+0.20%)
     
  • Bitcoin GBP

    55,893.84
    +1,640.74 (+3.02%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • NASDAQ Composite

    16,411.91
    +12.39 (+0.08%)
     
  • UK FTSE All Share

    4,338.05
    +12.12 (+0.28%)
     

German Nov lockdown will hit fourth quarter growth but aid should help - Scholz

Scholz, Mueller visit Berlin's Charite hospital

BERLIN (Reuters) - Germany's partial lockdown in November will dampen growth in the fourth quarter but a government aid package should cushion the impact, Finance Minister Olaf Scholz said on Thursday.

The aid package to compensate companies for the partial lockdown will likely cost more than an initially planned 10 billion euros (8.98 billion pounds), Scholz added.

(Reporting by Michael Nienaber; Writing by Paul Carrel, editing by Emma Thomasson)