German Chancellor Angela Merkel takes off her face mask while holding a press conference on the real situation amid the novel coronavirus / COVID-19 pandemic, after a meeting with her so-called Corona cabinet on 2 November 2020 in Berlin.
Kay Nietfeld | AFP | Getty Images
Germany’s economy shrank by 5% in 2020, according to GDP (gross domestic product) for the full year announced on Thursday.
The preliminary figures, which were slightly better than the 5.1% forecast, come after a year of economic turmoil for Germany and the rest of the world, as the coronavirus pandemic has caused disruption for businesses and large parts of the economy .
Cases in Coronavirus have resulted in several public relations and economic activities in Germany. Chancellor Angela Merkel announced last week that the latest exclusion will be extended until the end of the month.
The German newspaper Bild reported earlier this week that Merkel said at a meeting of lawmakers from her party of the Christian Democratic Union that the current exclusion is until early April.
On Thursday, Germany reported more than 25,000 new cases of the coronavirus in the past 24 hours, bringing the total number of cases to 1,978,590, data from the Robert Koch Institute showed.