German Chancellor Merz says the effect on Germany and Europe of the Iranian war will be as serious as COVID if it expands

German Chancellor Merz's warning about the potential severity of the Iranian war on Germany and Europe echoes concerns about geopolitical risks affecting economic stability.

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German Chancellor Merz says the effect on Germany and Europe of the Iranian war will be as serious as COVID if it expands

US Secretary of State Rubio to ABC always prefer to settle matters through negotiation and diplomatic means, and must be prepared for the possibility of diplomacy failing with Iran; people in Iran who are speaking to us in different ways than those before

Fars News says while Trump is talking about negotiations with Iranian officials, they have emphasised no negotiations have taken place with the US and that none are planned, but Trump is trying to show that Iran is looking for them

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  • Will decide after the Easter holidays on which further measures could be taken for energy relief.
  • Signs of a significant slowdown in the German economy are already visible. 
Context

This could prompt the need for energy relief measures, especially as signs of a slowdown in the German economy are already present. Watch for market reactions in energy assets and safe havens, reflecting heightened uncertainty ahead of any policy decisions post-Easter.

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