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Germany’s Finance Minister Commits Suicide Over Coronavirus

Thomas Schaefer commits suicide

Germany’s Finance Minister Commits Suicide Over Coronavirus

The finance minister of Germany’s Hesse state, Thomas Schaefer, has committed suicide apparently after becoming “deeply worried” over how to cope with the economic fallout from the coronavirus, state premier Volker Bouffier said Sunday.

54-year-old Schaefer 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,” 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.

Popular and well-respected, Schaefer had long been touted as a possible successor to Bouffier.

Like Bouffier, Schaefer belonged to Merkel’s centre-right CDU party. He is survived by a wife and two children.


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  1. Ace

    March 29, 2020 at 9:21 PM

    What a pity! So sorry about this! God will give you final rest. RIP

  2. Adongo Achieng

    March 29, 2020 at 9:29 PM

    May be he stole some money.

  3. berry blue

    March 30, 2020 at 7:08 PM

    Why are some people so senseless, they are talking about dead person here for Gods sake. To type RIP is hard for you to do, why not keep quiet, what do you mean he stole? Germany leaders doesn’t embezzled money, they are more concerned of their citizens wellbeing . RIP Thomas Schaeffer. May Almighty grant your family the fortitude to bear the irreparable loss.

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