Live Trading News
Shayne Heffernan

Merkel to Lockdown Germany at Easter

By Shayne Heffernan3 min read

Germany will enter a strict shutdown for five days over Easter as it fights soaring infection rates fuelled by variants in a 'new pandemic,' Chancellor Angela Merkel said Tuesday after marathon talks with regional leaders. 

As well as extending existing measures including keeping cultural, leisure and sporting facilities shut through to April 18, Merkel and Germany's 16 state premiers agreed to tougher shutdown between April 1 and 5.

Almost all shops will be closed during the five days, and religious services will be moved online over Easter. Only grocers will be allowed to open on Saturday, April 3.

'The situation is serious. Case numbers are rising exponentially and intensive care beds are filling up again,' said Merkel.

The British variant has become the dominant strain circulating in Germany, she said, noting that 'we are in a new pandemic.'

'Essentially, we have a new virus … it is much deadlier, much more infectious and infectious for much longer,' the veteran leader said. Gridlocked talks

Europe's biggest economy had begun easing restrictions, first reopening schools in late February, before allowing hairdressers and some shops to resume business in March. 

But Berlin and the federal states were forced to row back on relaxations this week as new infection numbers rose exponentially.

On Monday, the national incidence rate reached 107.3 cases per 100,000 people, with more than 7,700 new cases and 50 deaths reported. 

Merkel and regional leaders agreed at the last round of talks that authorities would tighten the screws again if that rate struck 100 over three days. 

'It is absolutely right that we are hitting the emergency brake,' said Merkel. 

But the tougher curbs did not come easily.

Negotiations between the regional leaders of Germany's 16 states and Merkel were gridlocked for several hours over the thorny issue of whether to allow domestic holidays to take place over the Easter school holidays.

Some regional leaders had argued it made little sense to allow people to fly out to the Spanish island of Mallorca for their holidays while banning residents from taking overnight stays in their own state.

But finally, the leaders agreed to 'appeal urgently to all citizens to refrain from non-essential travel within the country and also abroad – also with regard to the upcoming Easter holidays.'

Berlin had also struck a deal with air carriers to ensure that all travelers returning to Germany would be tested, Merkel said. Export ban

The chancellor added that Germany was 'in a race to vaccinate' as the country struggles to accelerate its inoculation campaign. 

Dogged by supply issues and mistrust over AstraZeneca's jab, Germany's vaccination campaign has been sluggish compared to the British or US programs. 

On Tuesday, Merkel said she would support her former defense minister and current EU commission president Ursula von der Leyen's threat to block AstraZeneca vaccines produced in the bloc from being exported.

'I support Commission President Ursula von der Leyen,' said Merkel. 

'We have a problem with AstraZeneca,' she added. 

European officials are furious that AstraZeneca has been able to deliver its UK contract in full while falling short on its supplies to the EU. 

In her tough warning to the Anglo-Swedish pharmaceutical giant last Saturday, von der Leyen said: 'That's the message to AstraZeneca: you fulfill your contract with Europe first before you start delivering to other countries.'

Advertisement
Target150
Keep reading
Ontology

Ontology Is the Idea Finance Has Been Missing

The world created around 181 zettabytes of data in 2025, and AI adds more every day than anyone can read. The scarce resource is no longer data or compute. It is understanding, and understanding is a picture. Shayne Heffernan on ontology, the visual layer that turns infinite data into insight, and why finance, banking and regulation need it most.

Shayne Heffernan18 min
Week Ahead

Economic Calendar and Trading Strategies for the Week Ahead: July 14–18, 2026

A pivotal week for markets: US strikes on Iran reignite the oil risk premium, June CPI and retail sales test the Fed's rate-cut path, and the $1 trillion AI capital loop keeps driving the tech trade. Full economic calendar plus trading strategies across oil, gold, Bitcoin, FX and AI stocks.

Shayne Heffernan25 min
Ontology

Ontology: Agentic AI and Infrastructure

The AI trade so far has been a compute trade. The next leg is a meaning trade — and ontology, secured and settled, is the layer almost everyone is skipping. Shayne Heffernan on why ontology is the missing layer in agentic AI, and the infrastructure it needs.

Shayne Heffernan15 min
quantum computing

Quantum Computing Just Became an Institutional Risk

Shayne Heffernan on BlackRock's quantum-computing warning for Bitcoin and Ethereum, Google's cryptanalysis research, the two on-chain risk vectors, and how KXCO's Armature L1 — post-quantum from genesis, coordinated by its ontology — answers a threat that just went institutional.

Shayne Heffernan10 min
Read Live Trading News on Telegram

Every story, signed and delivered.

Subscribe to the kxco channel and get the headline, the AI-written key takeaways, and the chain-anchor link the moment we publish. Audio versions and per-ticker subscriptions arrive in the next iteration.

Open @KnightsbridgeInsightsNo email required.