| UPDATED: 19:20, Wed, Feb 10, 2021
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Germany is embroiled in a third COVID-19 lockdown with Chancellor Angela Merkel extending measures into March. Analysis by the Munich-based Institute for Economic Research (Ifo), predicts the German economy is losing £1.3billion (€1.5billion) per week due to business being closed. Union leaders have warned thousands of firms risk going bankrupt unless measures are eased, and have called for a clear roadmap out of lockdown.