“We are facing major challenges, both economic and political,” told reporters in Berlin, presenting the government's forecast for Europe's largest economy.
Berlin says that the internal boldo product will have a reduction of minus 6.3 percent in 2020, Reuters reports.
The German government expects the recession to end in the second quarter of this year and economic activity will increase again, after that period.
Altmayer warned that authorities should not rush to ease isolation measures, as this would increase the risk of a second wave of infected people that could prevent the expected economic recovery in the second half of the year.
According to John Hopkins University data, 16059 cases of coronary infected are confirmed in Germany.
