Rapid V-shaped recovery from coronavirus for Germany
Rapid V-shaped recovery from coronavirus for Germany
Increasing Evidence Germany Will Recover Very Quickly From Economic Impact Of Coronavirus
Industrial orders and domestic consumer purchases are recovering quickly and accelerating month by month. Is this sustainable? Well Germany was struggling to stay out of recession before the pandemic hit. Dieselgate scandal was not helping the economy perform stronger. Germany is putting the diesel engine scandal behind it now people are focused on pandemic recovery.
If China continues to recover then Germany will also. A trade dispute between Eurozone and USA could become a problem. If Germany forces the rest of EU to settle Brexit amicably then Germany can see a rapid sustainable economic recovery.