Germany slips into recession as coronavirus hits — its sharpest decline since the global financial crisis

Germany slips into recession as coronavirus hits — its sharpest decline since the global financial crisis

Business Insider

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· The German economy plunged into recession as the country's federal statistics authority released grim data showing a contraction of 2.2% on Friday.
· The economy's decline reflects its biggest quarterly drop since the global financial crisis and its second largest fall since German unification.
· Germany is the latest...

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