• German Bundesbank's Monthly Report: Sliding into pronounced recession cannot be prevented

Market news

23 March 2020

German Bundesbank's Monthly Report: Sliding into pronounced recession cannot be prevented

  • Economic recovery will only start when the pandemic risk is effectively contained
  • Economic developments are characterised by unprecedented uncertainty
  • The impact is likely to be serious - at least for the coming months
  • Recent surveys indicate German companies are now suffering significantly

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