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FRANKFURT—Germany suffered a document financial contraction within the second quarter as measures to sluggish the pandemic’s unfold closed companies and saved customers at dwelling, but Europe’s powerhouse is nonetheless anticipated to shrink by much less and recuperate sooner than different main economies.
Germany’s gross home product fell 10.1% in contrast with the earlier quarter, the biggest decline since comparable data started in 1970, and roughly double its contraction on the nadir of the worldwide monetary disaster in 2009, the federal statistics…
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