Top German Minister Commits Suicide, Was Worried Over Containing Economic Fallout Of COVID-19 PandemicThomas Schaefer (Angela Merkel's Twitter)

In a major setback for Germany in the midst of its pursuit to contain the spread of the Novel Coronavirus (COVID-19) pandemic, the Finance Minister of its Hesse State, Thomas Schaefer, has committed suicide, supposedly after he was overwhelmed by the worries on how to contain the economic fallout of the pandemic, reports Hindustan Times.

Aged 54, Schaefer was found dead near a railway track in Germany on Saturday (28 March). Making the development public, Hesse State's premier Volker Bouffier said, "We are in shock, we are in disbelief and above all we are immensely sad."

Schaefer had been Hesse's Finance Minister for a span of ten years and as per Premier Bouffier, Schaefer had been working day and night to help companies and workers deal with the economic devastation which has erupted out of the crisis.

It should be noted that Hesse is home to the German financial capital of Frankfurt which houses global banking majors like Deutsche bank and Commerzbank. Frankfurt is also the home to the all-powerful European Central Bank.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber