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Germany to face wave of bankruptcies & soaring unemployment with Berlin poised to extend Covid-19 lockdown - experts

1 month ago   |   By RT

The likely extension of Germany's national lockdown will reportedly have a major negative impact on the country's economy, turning 2021 into a year of economic frustration.
With Covid-19 infection rates still running high, German authorities are likely to extend the current national lockdown beyond January 10. Berlin introduced nationwide social restrictions before Christmas, which included the closure of restaurants and most shops.
If the measures remain in force, the country will face a wave of bankruptcies, as well as mounting unemployment, according to experts quoted by Die Welt...
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