The chart of the German economy may look more like a “bathtub” than a “V” as output stagnates before recovering, she said, according to the news agency. “I hope it is a children’s bathtub and not a bathtub for people with particularly long legs,” Merkel is quoted as saying by the AP.
Merkel Sees German Economy Near Bottom
(Bloomberg) -- Chancellor Angela Merkel said the slumping German economy has nearly hit bottom and will unlikely recover quickly, the AP reported, citing a speech she made in Berlin.
The chart of the German economy may look more like a “bathtub” than a “V” as output stagnates before recovering, she said, according to the news agency. “I hope it is a children’s bathtub and not a bathtub for people with particularly long legs,” Merkel is quoted as saying by the AP.
The chart of the German economy may look more like a “bathtub” than a “V” as output stagnates before recovering, she said, according to the news agency. “I hope it is a children’s bathtub and not a bathtub for people with particularly long legs,” Merkel is quoted as saying by the AP.
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