German finance minister: We can't rule out gov't taking stakes in firms

Finance Minister Olaf Scholz said on Friday that he could not rule out the German government taking stakes in companies due to the coronavirus outbreak.

Der Spiegel magazine on Friday reported Economy Minister Peter Altmaier as saying that nationalisation could be one option for supporting strategically important companies brought into difficulties by the coronavirus epidemic, which is causing demand to collapse and severing global supply chains.