Uploaded on Apr 30, 2020
Germany, having the world’s fifth-highest number of coronavirus cases, has experienced far fewer deaths from the disease in comparison with the other countries including Italy, China, the US, and others. As of March 25, 2020, the registered cases of the COVID-19 in the country were around 33,000 out which 3,300 has been recovered and around 160 mortalities were registered so far. In an unprecedented response, the German government assured a large amount of liquidity support to all companies ranging from the smallest businesses to large multinational corporations. The country’s government is providing loans to all companies to keep the country's economy afloat. Germany’s state development bank KfW, which is the largest in Europe has approximately half a trillion Euros available to support the country’s economy.
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