German Economy shrink last year

German economy shrank last year 5% as global pandemic shut down business for months. Since pandemic is still happening and many business are still closed and as Germany is most important economy in EU and Eurozone, we can see what we can expect from at least first quater of 2021, more from first half of 2021. This will mean that both Euro and German indice DAX wont be really strong in first half of the year.

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