Germany's economy posts its largest decline since 1970 with GDP shrinking 10% in Q2

Germany's economy posts its largest decline since 1970 with GDP shrinking 10% in Q2

Business Insider

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· *Germany's economy saw a sharp 10% drop in the second quarter of 2020, the worst quarterly GDP contraction since records began in 1970.*
· * Germany's record decline reflected the impact of an economic plunge across areas including trade, consumer spending, and investment. *
· *Unemployment remains a concern with jobs in...

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