Ms Merkel’s Spectacular V-Recovery: Turnover in accommodation and food services in August 2020 -22.2% real than a year earlier – and that before the second Corona Wave

Just a month and a half ago the German government proved that the nation was in the midst of an unstoppable V-Recovery. In reality thing looks somewhat different.

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BMWi - Federal Ministry for Economic Affairs and Energy - German government  interim projection forecasts clear recovery after historic slump

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