Coronavirus live news: cases worldwide near 2 million as Trump repeats WHO funding threat
UK daily deaths likely to rise this week; France to ease lockdown starting 11 May; Russia told to prepare for ‘extraordinary’ crisis. Follow the latest updates
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The French government’s budget deficit is set to hit a post-war record of 9% of economic output this year, the budget minister has said in the second revision in less than a week.
Budget minister Gerald Darmanin said that financial shortfall would exceed the 7.6% prediction announced last week after President Emmanuel Macron extended a nationwide lockdown until 11 May.
We are going from a deficit -7.6% (of GDP) to a deficit of -9%. Our country has never seen such a deficit since World War Two.
German Chancellor Angela Merkel’s conservative Christian Democrats (CDU) will likely delay the election of a new leader until December due to the coronavirus, current leader Annegret Kramp-Karrenbauer has said.
The new leader will be in pole position to run as chancellor in the next federal election as Merkel has said she will not seek a fifth term at the head of Europe’s biggest economy.
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