Germany's economy shrank by 5.0% in 2020, less than expected and a smaller contraction than during the global financial crisis, as unprecedented government rescue and stimulus measures helped lessen the shock of the COVID-19 pandemic.

Germany avoids record economic plunge in 2020 despite COVID-19 hit

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economic plunge-in-2020

Germany avoids record economic plunge in 2020 despite COVID-19 hit