German coronavirus cases jump, economic nervousness rises

Published Mar 7, 2020

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BERLIN - The number of coronavirus

patients in Germany jumped to 684 on Saturday, with concern

growing at the economic impact of the spreading epidemic on one

of the world's most trade-dependent economies.

The number of patients recorded by the Robert Koch Institute

had risen by 45, with large clusters in the west and south,

where one initial outbreak centred on a car supplier with a unit

in Wuhan, where the infection was first detected.

The total is more than 10 times larger than it was a week

ago. There were 66 cases in Feb. 29.

Western Europe's most populous country, Germany has the

second largest number of registered cases on the continent after

Italy.

So far, no deaths have been reported, though the RND

newspaper group reported that a transplant patient with a

depressed immune system and who had contracted coronavirus was

in a critical condition.

With concern growing at the vulnerability of long

international supply chains to such an epidemic, Ola Kallenius,

chief executive of Mercedes maker Daimler, warned

against a return to economic nationalism.

"These events show how fragile global supply chains are," he

told Der Spiegel magazine. "But a world without global work

sharing would be less successful ... We should protect (that

success) while checking for vulnerabilities where we can bring

more security into the supply chain."

He said the carmaker was "gradually ramping up" production

again in China after the Chinese New Year stoppage that had been

further lengthened by coronavirus. But the disease would have an

impact on company results.

"We can't yet say what the impact will be, but it is clear

that both production and sales will be affected," he added.

Lufthansa, Europe's largest airline group by fleet

size, on Friday announced that it was slashing by half the

number of flights it would operate in coming weeks as a result

of the sudden slackening in demand.

While the government has so far resisted calls for direct

economic stimulus to counter the effects of the slowdown, saying

only that it has the resources to do so if necessary, more

targeted measures are being contemplated.

Handelsblatt newspaper reported that the parties in

Chancellor Angela Merkel's coalition were discussing ways to

make it temporarily easier for companies to shorten employees'

working hours by letting them off some of the cost of social

security benefits.

And with panic buying triggering pictures of empty

supermarket shelves on social media, transport minister Andreas

Scheuer recommended that a ban on deliveries on Germany's

sacrosanct Sunday be lifted to ease restocking.

At a European health ministers summit on Friday, Health

Minister Jens Spahn advised against trips to affected regions

both abroad and at home, mentioning specifically the German

state of North Rhine Westphalia, where there are 346 cases. 

Reuters

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