April 24, 2020 / 8:30 AM / a month ago

Rapid V-shaped recovery from coronavirus unlikely for German economy - Ifo

BERLIN, April 24 (Reuters) - The German economy will see signs of recovery from mid-year at the earliest, an economist at the Ifo institute said on Friday, adding that any recovery from a recession sparked by the coronavirus pandemic would likely not be a V-shaped one. Ifo, whose business climate index for April fell to a record low, said the Germany economy was experiencing its toughest time since reunification almost 30 years ago. (Reporting by Klaus Lauer Writing by Joseph Nasr Editing by Michelle Martin)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below