German economy shrinks 5% in pandemic year 2020 economic news

German economy shrinks 5% in pandemic year 2020 economic news

A freighter passes under a bridge over the Main River in Frankfurt, Germany on Wednesday, January 13, 2021.

Michael probst

FRANKFURT, Germany (AP) – The German economy contracted by 5% in pandemic 2020, ending a decade of growth as lockdowns wiped out many businesses and consumers …

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