Merkel: We will all pay a high price, unemployment will lead to poverty and from there to hunger

German Chancellor Angela Merkel expressed opposition to economic isolation during the Coronavirus pandemic, following a video conference with directors of the five major international economic and financial organs in Berlin.

The response to pandemic certainly cannot bring the rationalisation of all international supply chains, so everyone will pay a very high price”, she said.

“Unemployment will lead to poverty and from there to hunger”, Merkel continued, adding that providing food for humanity was of vital importance.

Merkel also stressed the importance of international co-operation among the countries, as well as calling for reforms in the global trade body.