Germany will need two years to recoup growth lost in recession, Bundesbank says

FRANKFURT (Reuters) - Germany's economy will shrink significantly this year and may need two years to make up the lost ground, its central bank said on Friday, joining a number of forecasters predicting only a slow recovery from a coronavirus-induced recession.The euro zone's biggest economy will contract by 7.1% in 2020 based on calendar adjusted figures and 6.8% according to unadjusted data, the Bundesbank said in its biannual projections, days after the government agreed a 130 billion..