German economy shrinks by 2.2% in Q1 over virus downturn

German economy shrinks by 2.2% in Q1 over virus downturn

Seattle Times

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BERLIN (AP) — The German economy shrank by 2.2% in the first quarter of the year compared to the same period in 2019 amid a global downturn linked to the coronavirus pandemic. Germany’s Federal Statistical Office said Monday that it was the biggest quarterly decline since the 2008-2009 global financial crisis. Figures show that private […]

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