my colleague erhard fs talked to top german economist peter bofinger about the business impact of the virus and our chances of avoiding a global recession. what's your impression of german businesses currently dealing with trauma crisis well we have no data so far for march we have no data for february and the only thing we know is that the labor market so far has not been too much affected which is good news but it's obvious that you will have severe repercussions on production on services i think there's no doubt that we will face a kind of recession in the 1st quarter and also in the 2nd quarter is the german government doing enough to protect the german economy german companies against this crisis german government is doing important things especially as far as short time burke is concerned i think they have no actually they did measures that were really helpful in the great financial crisis to prevent the crisis to spread to the labor market but we thing more has to be done and i think what's measures is really know the liquidity and the solvency of the enterprise sector and for