German economy to shrink by 6.5% this year due to coronavirus: economic advisors

• The German economy will shrink by 6.5% this year due to the coronavirus pandemic, the government’s council of economic advisors said on Tuesday, adding that the slump will be prolonged if the number of new infections jumps.
• The bleak outlook came after the premier of Germany’s most populous state, North Rhine-Westphalia, put the Guetersloh region back into lockdown until June 30 following a coronavirus outbreak at a meatpacking plant there.

 (Source: Reuters)