Comments by Ifo economist, Klaus Wohlrabe
- German economy is in its toughest time since the reunification
- There will be signs of economic recovery from mid-year at the earliest
Hopes of any V-shaped recovery largely hinges on a vaccine or some form of effective treatment. Otherwise, any return to normal economic activity will be gradual and slow. If anything, I still expect a recovery similar to that of a Nike swoosh.
