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Merkel’s party to meet over leadership in Jan

Bloomberg Angela Merkel’s Christian Democratic Union plans to meet in January as the party prepares to select the leader who will take it into next year’s elections. Three candidates are competing for prime position to replace Merkel, who will step down as chancellor after 16 years running Europe’s largest economy. Germany’s ruling party had originally planned to stage an in-person ...

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Johnson guarantees 80% of workers’ wages in lockdown

Bloomberg UK Prime Minister Boris Johnson said he was extending the government’s wage support program as part of a new partial four-week lockdown for England and offered home owners more financial reprieve. Under the package announced by the prime minister, state payments will be made to furloughed workers of as much as 80% of their wages through the new lockdown ...

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Germany set to help businesses weather Covid-19 restrictions

Bloomberg Germany will do “everything necessary” to help cushion the impact of the coronavirus on businesses as the government moves to introduce a partial lockdown on Monday, Chancellor Angela Merkel said. Merkel will meet with industry representatives on Wednesday to discuss how to further help them to ease the burden of coping with the coronavirus. “I assure you, the government ...

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