It was shaping up to be a bumper year for the Hotel Esplanade in Dortmund. On February 13th its owners threw a big party to celebrate a €2.5m ($2.7m) extension, and to mark the moment that Katja Kortmann took over as manager from her retiring father. Two weeks later the cancellations began: first a trickle, […]

What happens now? Merkel considers Germany’s economy to be well-equipped to face the coronavirus crisis, adding that it has sufficient financial reserves and good emergency instruments to release additional funds and maintain economic life, she told a press conference in Berlin. She referred to the German infection protection law, continued wage payments, the newly increased […]