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Disclosures from the German Central Bank!
German Central Bank Bundesbank stated that it is inevitable for the German economy to enter a deep recession due to the coronavirus crisis.
Yazar: Zack Smith
Yayınlanma: 24 Mart 2020 15:17
Güncellenme: 16 Kasım 2024 16:30
Disclosures from the German Central Bank!
German Central Bank Bundesbank stated that it is inevitable for the German economy to enter a deep recession due to the coronavirus crisis. According to the monthly report published by Bundesbank, Germany stated that before the coronavirus outbreak hit the country, the economy was on the verge of recession but it could support growth after the global trade war. "Entry into the recession will not be prevented," Bundesbank said, saying that the government's measures can at least provide confidence that the economy will inevitably overcome problems that it will face. Germany is preparing an emergency budget of more than 150 billion euros to reduce the long-term effects of the recession and prevent job losses in the workplaces affected by the epidemic.İLGİLİ HABERLER
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