German State Finance Minister “Commits Suicide” As Coronavirus Hits Economy: Reports

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Germany: Thomas Schaefer, the finance minister of Germany’s Hesse state, was found dead under mysterious circumstances, police confirmed.

Schaefer was found dead near a railway track on Saturday. The Wiesbaden prosecution’s office said they believe he died by suicide.

Thomas Schaefer committed suicide apparently after becoming “deeply worried” over how to cope with the economic fallout from the coronavirus, reports suggested.

Police did not immediately release further details of the case.

Police and prosecutors said factors, including the questioning of witnesses and their own observations at the scene, led them to conclude that Schaefer killed himself.

Hesse is home to Germany’s financial capital Frankfurt, where major lenders such as Deutsche Bank and Commerzbank have their headquarters. The European Central Bank is also located in Frankfurt.

A visibly shaken Bouffier recalled that Schaefer, who was Hesse’s finance chief for 10 years, had been working “day and night” to help companies and workers deal with the economic impact of the pandemic.

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