FILE PHOTO: German Finance Minister Olaf Scholz of the Social Democratic Party speaks during an interview with Reuters in Berlin, Germany, February 19, 2020. REUTERS/Annegret Hilse
Germany’s export-dependent economy stagnated in the fourth quarter as both industrial orders and output fell sharply in December, holding back overall growth in the wider euro zone. The coronavirus epidemic had disrupted economic growth in China and a further spread to other countries could derail a projected recovery of the global economy in 2020.
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