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The German economy is expected to contract by 6.5% in 2020 due to the coronavirus outbreak. -Coronavirus impact on the world economy is more severe than previously expected. -Council expects a slow recovery in the second half of the year, a GDP growth of 4.9% in 2021. -The German economy is likely to shrink by up to 11% in the second quarter. #GermanyGDP# #CoronavirusOutbreak#

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