World Economic Institute: recovery from Corona as early as 2022

(GermanPolicy.com) – The German economy is likely to recover from the Corona pandemic as early as 2022, the Hamburg World Economic Institute assumes. Managing Director Dirck Süß explained: “After the economic output slumped by 4.6 percent last year, growth of 2.5 percent is expected for 2021 and 3.5 percent for 2022 in Germany.” Economy would therefore reach pre-Corona leve next yearl. In particular, the areas of trade, gastronomy and tourism have already recovered.

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