Covid-19: German firms expect public life to be restricted for a further 8.5 months
BERLIN (REUTERS) – German companies expect public life to be restricted for a further 8.5 months due to coronavirus, a survey by the Ifo economic institute showed on Monday (Aug 10), as Europe’s largest economy battles to recover from a pandemic-induced downturn.
Leisure firms, hit hard by the coronavirus crisis, are particularly pessimistic, expecting restrictions to last another 13 months while the beverage sector is more optimistic, foreseeing an end to restrictions in 6.4 months.
The number of confirmed coronavirus cases in Germany increased by 436 to 216,327, data from the Robert Koch Institute (RKI) for infectious diseases showed on Monday.
The reported death toll rose by one to 9,197, the tally showed.
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