German manufacturing expectations record fastest-ever plunge
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BERLIN (Reuters) - The coronavirus outbreak caused the steepest drop in German manufacturers' expectations in the 70-year history of surveys, data showed on Thursday, as the three main economic institutes predicted anything from mild recession to a generational crash.The grim outlook and the rapid spread of the virus are pushing Chancellor Angela Merkel's government to use an exception to the debt brake enshrined in its constitution, an official with knowledge of the plan told Reuters."The..