Coronavirus-hit German economy to contract by 10-15% in Q2 – KfW
The German economy is likely
to shrink by 10-15% in the second quarter, the KfW state
development bank said on Thursday, as Europe’s largest economy
battles a coronavirus outbreak that has put it in virtual
lockdown.
(Reporting by Patricia Uhlig
Writing by Michelle Martin
Editing by Thomas Seythal)
to shrink by 10-15% in the second quarter, the KfW state
development bank said on Thursday, as Europe’s largest economy
battles a coronavirus outbreak that has put it in virtual
lockdown.
(Reporting by Patricia Uhlig
Writing by Michelle Martin
Editing by Thomas Seythal)
Posted by Reuters
