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German economy will fall by more than 6% this year, - media

Source : 112 Ukraine

It will be the record drop since WWII; the economic recovery is only possible in 2021
11:03, 25 April 2020

www.dw.com

Germany's economy will shrink by more than 6% this year, which will be a record fall after World War II, as Reuters reports, according to a government source.

"In 2021, the economy will recover from the coronavirus pandemic with an increase of more than 5%," the interlocutor said.

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However, a spokeswoman for the Economy Ministry said there are no final growth forecasts yet. Spiegel reports that they will be unveiled next week.

As we reported before, on April 20, authorities of five EU countries lifted part of the quarantine restrictions imposed in the fight against the coronavirus epidemic.

Germany allows opening commercial areas of less than 800 square meters, as well as car dealerships, bicycle shops, and book shops.

Also, the government of the German federal state of Mecklenburg-Vorpommern decided on the mandatory use of protective masks that cover the mouth and nose of a person in public transport.

Mecklenburg-Vorpommern became the second federal state in Germany, where authorities made such a decision.

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