The stock market day: government cuts economic forecast

The stock market day
Government cuts economic forecast

The federal government expects a more difficult and longer way out of the corona-related economic crisis. She screws that Economic forecast for this year down. Further economic development will continue to be significantly influenced by the course of the pandemic and the containment measures, according to the annual economic report.

After a 5 percent slump in economic output last year, the German government expects GDP to grow by 3 percent this year, according to the report.

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