worldUpdated: Mar 30, 2020 00:09 ISTThomas Schaefer, the finance minister of Germany’s Hesse state, has committed suicide apparently after becoming “deeply worried” over how to cope with the economic fallout from the coronavirus, state premier Volker Bouffier said Sunday. “We are in shock, we are in disbelief and above all we are immensely sad,” Bouffier said in a recorded statement. Click here for the latest updates on the coronavirus pandemicHesse is home to Germany’s financial capital Frankfurt, where major lenders like Deutsche Bank and Commerzbank have their headquarters. Click here for a complete coverage of the coronavirus pandemic“Today we have to assume that he was deeply worried,” said Bouffier, a close ally of Chancellor Angela Merkel. Like Bouffier, Schaefer belonged to Merkel’s centre-right CDU party.

Source: Hindustan Times March 29, 2020 12:21 UTC