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Germany Facing Weaker Q4 Growth Due to Lockdown

M. Ali 12 November, 2020 10:58 pm Market Update

A partial lockdown in Germany this month could lead to weaker economic growth during the fourth quarter (Q4) of 2020, according to the German Finance Minister Olaf Scholz.

The minister also said on Thursday that a government stimulus package could help offset the effect of the lockdown, Reuters reported.

The aid package is valued at an initially planned EUR 10 billion, the minister noted.

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