Title:German Economy to Recover in Second Half, Ifo Says
Date:26th April 2021
Description:Apr.26 -- Germany's economy will recover in the second half of 2021, the Ifo Institute says, even after businesses unexpectedly became more pessimistic about the prospects for growth amid a high rate of coronavirus infections. "We expect the vaccinations to be more or less complete in the summer," Ifo President Clemens Fuest said on Bloomberg Television. "That would mean we would get a strong third and cold fourth quarter this year."