German economic situation most serious since World War Two: minister

FAN Editor
Spread of the coronavirus disease (COVID-19) in Berlin
FILE PHOTO: German Economy Minister Peter Altmaier gives statements on the coronavirus disease (COVID-19) situation, in Berlin, Germany April 9, 2020. John Macdougall/Pool via REUTERS

April 17, 2020

BERLIN (Reuters) – The German economy, Europe’s largest, is in its most grave economic situation since World War Two, Economy Minister Peter Altmaier said on Friday.

“The German economy is in a situation that is more serious than anything we have experienced in the post-war period,” Altmaier said, though he added that the core of the economy is healthy.

(Writing by Paul Carrel; Editing by Michelle Martin)

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