- Finance minister Thomas Scheffer of Germany’s Hessen province was disturbed by the constantly falling economy due to the lockdown
- Hessen has the country’s major banks and economic institutions, Shaffer was the finance minister of Hessen Province for 10 years
Finance minister Thomas Scheffer of Germany’s Hessen province has committed suicide. The reason for this is said to be the economic crisis caused by the infection of coronovirus. Walker Bauffier, an aide to Germany’s Chancellor Angela Merkel and head of state, gave this information on Sunday. The body of 54-year-old Thomas was found on a railway track on Saturday. The Prosecution Office has said that he committed suicide.
Merkel’s colleague said- We are shocked by this incident
“We are shocked and still unable to believe this,” said Bauffier. Frankfurt Hessen, Germany’s economic capital, is still in place. The European Central Bank is also in Frankfurt. Along with this, the headquarters of Deutsche Bank and Commerce Bank are also here. Bauffier reported that Shaffer was Hayes’ finance minister for 10 years. He was working day and night with the company and the worker to deal with the economic impact of this epidemic. He was very much disturbed by the falling economy. The popular and highly regarded Shaffer was seen as the successor to Baufier. Like Bauffier, Shaffer was associated with Merkel’s Christian Democratic Union of Germany (CDU).
Tears in CM’s eyes
Hessen Chief Minister Folker Bufiye is deeply saddened by Shaffer’s death. He spoke to the media with moist eyes. Said, “He was most concerned about public expectations. He used to say if I can live up to the expectations of the people. ” According to a report, Shaffer has also left a suicide note but has not been informed to the media. He was in active politics for almost 22 years.
The biggest decline since the reunification of Germany in 1990
The Institute for Economic Research reported last week that this is the biggest decline since the reunification of Germany in 1990. In the same year, the German EFO Climate Index has fallen from 96.0 in February to 86.1 points in March. Earlier in 2009, this index had come down to 87.7 points. Germany is very dependent on exports. Recently, Chancellor Angela Merkel has raised the country’s borrowing limit due to the coronavirus epidemic. In 1990, West Germany and East Germany united after ending a 45-year split.