German experts say growth rebound could be relatively quick

German experts say growth rebound could be relatively quick

4 years ago
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https://apnews.com/e6543f1a1d1b93379e85e8fa15d9471e

FRANKFURT, Germany (AP) — A group of leading economists say Germany, Europe's largest economy, will suffer a deep slump in the first half of this year but should rebound relatively quickly from the disruption of the virus outbreak.

The German Council of Economic Experts predict that the economy will shrink 2.8% for the full year and rebound next year with growth of 3.7%, although their report issued Monday acknowledged a high degree of uncertainty about the length of the restrictive measures that have shut down much of the economy.

German experts say growth rebound could be relatively quick

Mar 30, 2020, 12:26pm UTC
https://apnews.com/e6543f1a1d1b93379e85e8fa15d9471e > FRANKFURT, Germany (AP) — A group of leading economists say Germany, Europe's largest economy, will suffer a deep slump in the first half of this year but should rebound relatively quickly from the disruption of the virus outbreak. > The German Council of Economic Experts predict that the economy will shrink 2.8% for the full year and rebound next year with growth of 3.7%, although their report issued Monday acknowledged a high degree of uncertainty about the length of the restrictive measures that have shut down much of the economy.