UK markets closed
  • FTSE 100

    5,734.43
    -57.58 (-0.99%)
     
  • FTSE 250

    17,591.90
    -261.40 (-1.46%)
     
  • AIM

    972.64
    -3.74 (-0.38%)
     
  • GBP/EUR

    1.1043
    +0.0023 (+0.21%)
     
  • GBP/USD

    1.3067
    +0.0047 (+0.36%)
     
  • BTC-GBP

    10,394.59
    +323.97 (+3.22%)
     
  • CMC Crypto 200

    270.04
    +8.75 (+3.35%)
     
  • S&P 500

    3,397.99
    -2.98 (-0.09%)
     
  • DOW

    27,572.51
    -112.87 (-0.41%)
     
  • CRUDE OIL

    39.57
    +1.01 (+2.62%)
     
  • GOLD FUTURES

    1,911.30
    +5.60 (+0.29%)
     
  • NIKKEI 225

    23,485.80
    -8.54 (-0.04%)
     
  • HANG SENG

    24,787.19
    -131.59 (-0.53%)
     
  • DAX

    12,061.61
    -115.57 (-0.95%)
     
  • CAC 40

    4,735.48
    -80.64 (-1.67%)
     

Germany's Scholz expects quick recovery in most parts of economy

FILE PHOTO: German Finance Minister Olaf Scholz attends a session of the Bundestag, in Berlin
FILE PHOTO: German Finance Minister Olaf Scholz attends a session of the Bundestag, in Berlin

BERLIN (Reuters) - German Finance Minister Olaf Scholz said on Tuesday he expected Europe's largest economy to recover quickly from the coronavirus crisis, though some sectors were likely to rebound faster than others.

"My view is that most parts of the economy will recover quite quickly and we already see this in the figures today," Scholz told the Wall Street Journal in a recorded interview as part of a virtual conference.

(Reporting by Tom Sims; writing by Michael Nienaber; editing by Thomas Seythal)