国际英语资讯:German economy on recovery path after slump caused by COVID-19 crisis
<p><span word="BERLIN">BERLIN</span>, <span word="Aug">Aug</span>. 17-- <span word="The">The</span> <span word="German">German</span> <span word="economy">economy</span> <span word="was">was</span> <span word="currently">currently</span> <span word="on">on</span> <span word="a">a</span> "<span word="recovery">recovery</span> <span word="path">path</span>" <span word="after">after</span> <span word="a">a</span> <span word="slump">slump</span> <span word="caused">caused</span> <span word="by">by</span> <span word="the">the</span> <span word="COVID">COVID</span>-19 <span word="crisis">crisis</span> <span word="and">and</span> <span word="is">is</span> <span word="expected">expected</span> <span word="to">to</span> "<span word="grow">grow</span> <span word="steeply">steeply</span>" <span word="in">in</span> <span word="the">the</span> <span word="third">third</span> <span word="quarter">quarter</span> <span word="of">of</span> <span word="the">the</span> <span word="year">year</span>, <span word="Germany">Germany</span>'<span word="s">s</span> <span word="central">central</span> <span word="bank">bank</span> <span word="Deutsche">Deutsche</span> <span word="Bundesbank">Bundesbank</span> <span word="said">said</span> <span word="on">on</span> <span word="Monday">Monday</span>.</p><p>"<span word="Current">Current</span> <span word="indicators">indicators</span> <span word="suggest">suggest</span> <span word="that">that</span> <span word="this">this</span> <span word="upward">upward</span> <span word="movement">movement</span> <span word="is">is</span> <span word="continuing">continuing</span> <span word="during">during</span> <span word="the">the</span> <span word="summer">summer</span> <span word="months">months</span>" <span word="in">in</span> <span word="Germany">Germany</span>, <span word="according">according</span> <span word="to">to</span> <span word="the">the</span> <span word="bank">bank</span>'<span word="s">s</span> <span word="monthly">monthly</span> <span word="report">report</span>.</p><p><span word="In">In</span> <span word="the">the</span> <span word="second">second</span> <span word="quarter">quarter</span> (<span word="Q">Q</span>2), <span word="German">German</span> <span word="gross">gross</span> <span word="domestic">domestic</span> <span word="product">product</span> (<span word="GDP">GDP</span>) <span word="plummeted">plummeted</span> <span word="by">by</span> 10.1 <span word="percent">percent</span> <span word="compared">compared</span> <span word="to">to</span> <span word="the">the</span> <span word="previous">previous</span> <span word="quarter">quarter</span>, <span word="the">the</span> <span word="German">German</span> <span word="Federal">Federal</span> <span word="Statistical">Statistical</span> <span word="Office">Office</span> (<span word="Destatis">Destatis</span>) <span word="recently">recently</span> <span word="said">said</span>. <span word="It">It</span> <span word="was">was</span> <span word="the">the</span> "<span word="largest">largest</span> <span word="decline">decline</span> <span word="since">since</span> <span word="the">the</span> <span word="beginning">beginning</span> <span word="of">of</span> <span word="quarterly">quarterly</span> <span word="GDP">GDP</span> <span word="calculations">calculations</span> <span word="for">for</span> <span word="Germany">Germany</span> <span word="in">in</span> 1970."</p><p><span word="In">In</span> <span word="March">March</span> <span word="and">and</span> <span word="April">April</span>, <span word="parts">parts</span> <span word="of">of</span> <span word="the">the</span> <span word="German">German</span> <span word="economy">economy</span> <span word="had">had</span> <span word="come">come</span> <span word="to">to</span> <span word="a">a</span> <span word="stand">stand</span>-<span word="still">still</span> <span word="as">as</span> <span word="rising">rising</span> <span word="COVID">COVID</span>-19 <span word="infections">infections</span> <span word="led">led</span> <span word="to">to</span> <span word="a">a</span> <span word="partial">partial</span> <span word="lockdown">lockdown</span> <span word="and">and</span> <span word="the">the</span> <span word="closures">closures</span> <span word="of">of</span> <span word="shops">shops</span> <span word="and">and</span> <span word="factories">factories</span> <span word="in">in</span> <span word="the">the</span> <span word="country">country</span>. <span word="The">The</span> <span word="economic">economic</span> <span word="recovery">recovery</span> <span word="began">began</span> <span word="in">in</span> <span word="May">May</span> <span word="after">after</span> <span word="the">the</span> <span word="first">first</span> <span word="restrictions">restrictions</span> <span word="were">were</span> <span word="eased">eased</span>.</p><p><span word="Germany">Germany</span>'<span word="s">s</span> <span word="expansive">expansive</span> <span word="monetary">monetary</span> <span word="and">and</span> <span word="financial">financial</span> <span word="policy">policy</span> <span word="measures">measures</span> <span word="and">and</span> <span word="the">the</span> <span word="economic">economic</span> <span word="stimulus">stimulus</span> <span word="package">package</span> <span word="worth">worth</span> 130 <span word="billion">billion</span> <span word="euros">euros</span> (154 <span word="billion">billion</span> <span word="U">U</span>.<span word="S">S</span>. <span word="dollars">dollars</span>), <span word="recently">recently</span> <span word="adopted">adopted</span> <span word="by">by</span> <span word="the">the</span> <span word="German">German</span> <span word="government">government</span>, <span word="would">would</span> "<span word="provide">provide</span> <span word="additional">additional</span> <span word="support">support</span> <span word="to">to</span> <span word="the">the</span> <span word="economy">economy</span>," <span word="according">according</span> <span word="to">to</span> <span word="the">the</span> <span word="Deutsche">Deutsche</span> <span word="Bundesbank">Bundesbank</span>.</p><p><span word="However">However</span>, <span word="the">the</span> <span word="bank">bank</span>'<span word="s">s</span> <span word="economists">economists</span> <span word="noted">noted</span> <span word="that">that</span> <span word="the">the</span> <span word="German">German</span> <span word="economy">economy</span> <span word="would">would</span> "<span word="still">still</span> <span word="fall">fall</span> <span word="considerably">considerably</span> <span word="short">short</span> <span word="of">of</span> <span word="its">its</span> <span word="pre">pre</span>-<span word="crisis">crisis</span> <span word="level">level</span> <span word="for">for</span> <span word="some">some</span> <span word="time">time</span> <span word="to">to</span> <span word="come">come</span>."</p><p><span word="Forecasts">Forecasts</span> <span word="for">for</span> <span word="German">German</span> <span word="GDP">GDP</span> <span word="for">for</span> <span word="the">the</span> <span word="full">full</span> <span word="year">year</span> 2020 <span word="range">range</span> <span word="between">between</span> <span word="minus">minus</span> 6.3 <span word="percent">percent</span>, <span word="the">the</span> <span word="official">official</span> <span word="government">government</span> <span word="forecast">forecast</span> <span word="from">from</span> <span word="April">April</span>, <span word="and">and</span> <span word="minus">minus</span> 9.4 <span word="percent">percent</span> <span word="which">which</span> <span word="the">the</span> <span word="German">German</span> <span word="Institute">Institute</span> <span word="for">for</span> <span word="Economic">Economic</span> <span word="Research">Research</span> (<span word="DIW">DIW</span>) <span word="projected">projected</span> <span word="in">in</span> <span word="late">late</span> <span word="June">June</span>.</p>
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