Coronavirus-hit German economy to contract by 10-15% in Q2 - KfW

Reuters

Published Apr 02, 2020 • < 1 minute read

Join the conversation

FRANKFURT — The German economy is likely

to shrink by 10-15% in the second quarter, the KfW state

development bank said on Thursday, as Europe’s largest economy

battles a coronavirus outbreak that has put it in virtual

lockdown.

(Reporting by Patricia Uhlig

Writing by Michelle Martin

Editing by Thomas Seythal)

You must be logged in to join the discussion or read more comments.

Create an Account

Join the Conversation

Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.