German state minister commits suicide over COVID-19 pandemic economic fallout

Avatar corona virus

Thomas Schaefer, finance minister of Germany’s Hesse state, recently committed suicide. As per the governor of the state -Volker Bouffier, Schaefer was deeply concerned about how to tackle the economic distress that emerged due to COVID-19 pandemic. Father of two, Schaefer was a married man and was 54-years-old. His dead body was found near a railway track on Saturday and officials believe that he committed suicide.

Factors such as the questioning of the witnesses and the observations made by them at the incident spot led the Police and the prosecutors to conclude that it was a suicide. In a statement, Bouffier said, “We are in shock, we are in disbelief and above all we are immensely sad.” He also added, “Today we have to assume that he was deeply worried,” and “It’s precisely during this difficult time that we would have needed someone like him.”

The financial capital of Germany —Frankfurt lies in Hesse state which is home to the headquarters of some of the major banks such as Deutsche Bank, Commerzbank and the European Central Bank. Schaefer has been the chief of finance of the state for past ten years and is believed to be working hard to help the firms and workers deal with the pandemic and its effect on the economy.

A well respected and popular leader, Thomas belonged to Angela Markel’s centre-right CDU party. It was believed that he was possibly the successor of Bouffier.

So far, Germany has over 62,000 recorded cases of coronavirus, with around 9,000 recovered and almost 550 deaths. Meanwhile the world tally stands at around 7,87,233 cases, 165,935 recovered and 37,844 deaths from the deadly virus. The COVID-19 pandemic has almost put some of the major economies in the world at halt, which has resulted in creating panic in the minds of the people.

Last modified: March 31, 2020

Leave a Reply

Your email address will not be published. Required fields are marked *