German economy to shrink nearly 10% in second quarter, warn experts
That would be more than double the drop seen in the first quarter of 2009, during the global financial crisis
08 April 2020 - 15:37
Berlin — Germany's economy, Europe's largest, will probably shrink by 9.8% in the second quarter, its biggest decline since records began in 1970, due to measures imposed to slow the spread of the novel coronavirus, the country's leading think-tanks said on Wednesday.
That would be more than double the drop seen in the first quarter of 2009, during the global financial crisis, the economic institutes said...
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