Germany’s economy looks set to shrink by more than 5% in 2020, and that’s if everything goes right, according to Bloomberg Economics.

Germany Bloomberg Business

Germany’s economy looks set to shrink by more than 5% in 2020, and that’s if everything goes right, according to Bloomberg Economics. One obvious risk is that coronavirus cases spike again in the fourth quarter after containment measures are eased, plunging the economy back into recession. Another is that Berlin’s efforts to mitigate the damage fall flat, scarring the economy, which takes much longer to recover.

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