German finance minister Thomas Schäfer commits suicide over coronavirus economic concerns

Although we are headquartered in Washington D.C. USA, our reporters and editors are working around the globe to cover what you care about. Become our exclusive member and help us keep our quality news free and available for all.

A German finance minister Thomas Schäfer is believed to have committed suicide over concerns the fast spreading novel coronavirus would have severe economic consequences on his state.

DW News reported that the body of 54-year old finance expert from the central German state Hesse was found on railroad tracks near Frankfurt over the weekend.

Police was reported to believe suicide was to blame while German newspaper Frankfurter Allgemeine Zeitung claimed a suicide note was left behind.

A report said “the state’s premier Volker Bouffier said Schäfer, who had been the finance minister for nearly a decade, was worried about Hesse’s ability to react to the economic devastation felt from the coronavirus”.

“His main concern was whether he could manage to fulfill the huge expectations of the population, especially in terms of financial aid,” Bouffier said on Sunday. “For him, there was clearly no way out. He was disappointed and so he had to leave us. That has shocked us, has shocked me.”

NDTV reported that the finance minister had a wife and two children.

“Schäfer, like Chancellor Angela Merkel, was a member of Germany’s CDU party. Multi-national financial institutions including Deutsche Bank are headquartered in the banking city of Frankfurt, which is in Hesse,” a report said.

Read full article

Simon Ateba
Simon Ateba
Based in Washington, District of Columbia, United States of America, Simon leads a brilliant team of reporters, freelance journalists, analysts, researchers and contributors from around the world to run TODAY NEWS AFRICA as editor-in-chief. Simon Ateba's journalistic experience spans over 10 years and covers many beats, including business and investment, information technology, politics, diplomacy, human rights, science reporting and much more. Write him: simonateba@todaynewsafrica.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Trending Now

MOST POPULAR

U.S. police used excessive force against Black Lives Matter protesters at least 125 times in 10 days, Amnesty International says in new findings

Amnesty International on Tuesday released a new report documenting mass violations by the police in the United States against Black Lives...

South Africa’s grocery retailer Shoprite announces plans to exit Nigeria amid economic crisis

South Africa's grocery retailer Shoprite on Monday announced plans to exit Nigeria amid an economic crisis caused by a shrinking middle...

With 17.5 million infections and 680,000 deaths, and with no cure or vaccine, WHO says beating COVID-19 still revolves around social distancing, hand hygiene and respiratory etiquette

With 17.5 million people infected and 680,000 deaths, and with no cure or vaccine, the World Health Organization (WHO) said on...

South African President outraged, says profiting from coronavirus pandemic “is like a pack of hyenas circling wounded prey”

The South African President Cyril Ramaphosa expressed outrage on Monday over those who attempt to profit from the ravaging coronavirus pandemic,...

South Africa presidency says deputy president David Mabuza is alive and well amid death rumors

The South African presidency said on Sunday deputy president David Mabuza is alive and well amid death rumors.
- Advertisement -

LATEST STORIES

Fauci again dismisses fraudulent claims on hydroxyclhoroquine as COVID-19 cure after Trump shared now deleted video of quack doctors promoting it

Anthony Stephen Fauci, a world renowned American physician and immunologist who has served as the director of the National Institute of Allergy and...

South African President outraged, says profiting from coronavirus pandemic “is like a pack of hyenas circling wounded prey”

The South African President Cyril Ramaphosa expressed outrage on Monday over those who attempt to profit from the ravaging coronavirus pandemic,...

South Africa’s grocery retailer Shoprite announces plans to exit Nigeria amid economic crisis

South Africa's grocery retailer Shoprite on Monday announced plans to exit Nigeria amid an economic crisis caused by a shrinking middle...

U.S. admits killing innocent civilians in Somalia but fails to compensate families of the victims, enraging Amnesty International

The United States on Tuesday admitted killing innocent civilians in Somalia but has failed to compensate the families of the victims,...

Former U.S. presidential candidate Herman Cain dies from COVID-19

Former U.S. presidential candidate Herman Cain has died from COVID-19. He was 74. Cain, who first went to...

[/read_more]

Read full article

error: Alert: Content is protected !!
273 Shares
Share
Tweet
Share
Reddit
WhatsApp