Germany’s path to economic recovery. Germany’s official Destatis statistics agency published new economic data on the second quarter, including a slightly improved picture of economic output relative to the first three months of the year. According to the new figures, second-quarter gross domestic product fell by 9.7 percent, not 10.1 percent. The Munich-based Ifo Institute […]
Daily Memo: The Long Road to Normalization
The German economy's second quarter was better than previously thought but still the worst on record.
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