European shares closed at two-week lows as a slump in German business morale underscored the damage from tighter COVID-19 restrictions. Germany had a relatively successful first phase of the pandemic, but saw infections shoot up during the fall and winter months. In this video, we spoke to Steffen Szeidl, Member of the Executive Board, Drees & Sommer SE, a European real estate planning and consulting company.

How German firms are battling coronavirus pandemic?

German business morale fell for the first time in six months in October, weighed down by companies' concerns about rising coronavirus infection rates that are making them more cautious about the coming months, a survey showed on Monday.

German business morale falls on virus angst as rebound fades

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How German firms are battling coronavirus pandemic?

German business morale falls on virus angst as rebound fades