Daily Memo: Dismal German Economy Stats

The German economy saw a record contraction in the second quarter of 2020.

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Dismal German economy stats. German statistics agency Destatis released preliminary data for the second quarter on Thursday, and though final figures won’t be published until Aug. 25, it’s already clear that the first half of 2020 was one of the most challenging times in history for the German economy. German gross domestic product contracted in […]

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