From India's WION, February 21:
The Deutsche Bundesbank (German Federal Bank) has said that Germany may have entered its second recession since the pandemic began, as the omicron form caused record infections that slowed activity.
The central bank predicted Monday in its monthly report that output in Europe's largest economy may fall "noticeably" in the first quarter, after falling by 0.7 percent in the final three months of 2021.
"In contrast to previous waves of the pandemic, it’s not just the services sector that’s hit by restrictions and adapted behavior," the Bundesbank said.....
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