Leading institutes see German economy shrinking 4.2% this year - sources

BERLIN (Reuters) - Germany's leading economic research institutes expect Europe's biggest economy to shrink by 4.2% this year due to the effects of the coronavirus, two people familiar with the numbers told Reuters on Tuesday, before rebounding by 5.8% next year.Envisaging a serious recession, the institutes are due to announce their latest forecasts on Wednesday. Factories in Germany have stopped production and shops, businesses and restaurants have shut in an effort to slow the spread of the..