German minister commits suicide after ‘coronavirus crisis worries’

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German finance minister of Hesse state, Thomas Schaefer has committed suicide apparently after getting worried over the looming recession that might occur after coronavirus pandemic.

Mr Schaefer, 54, was found dead near a railway track on Saturday. The Wiesbaden prosecution’s office said they believe he died by suicide.

“We are in shock, we are in disbelief and, above all, we are immensely sad,” Mr Bouffier said in a recorded statement.

Hesse is home to Germany’s financial capital Frankfurt, where major lenders like 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.

“Today we have to assume that he was deeply worried,” said Bouffier, a close ally of Chancellor Angela Merkel.

“It’s precisely during this difficult time that we would have needed someone like him,” he added.

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