German businesses don't expect quick return to normal - Ifo
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BERLIN (Reuters) - Germany's economy is likely to shrink by 6.6% this year as businesses expect it will take nine months on average before operations return to normal after the coronavirus, the Ifo Institute said on Thursday.That would be Germany's worst economic performance since reunification in 1990. As the outlook improves next year, Ifo predicts Europe's biggest economy will grow 10.2% in 2021.Recent surveys suggest Germany is slowly recovering after economic life was restricted in late..