Today is the first day of the quiet period of the German Council of Economic Experts. The council members will not make any public statements until the annual report is handed over to the German government on Wednesday, 11 November 2020.
Economic Outlook for 2020 and 2021 published: The German Council of Economic Experts expects the economy in Germany and the euro area to decline significantly due to the coronavirus pandemic by 6.5 % and 8.5 % in 2020, respectively.
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