DIW Berlin’s Fratzscher on German Economic Recovery, Covid-19

The transcript discusses the resurgence of the virus in Europe, focusing on the economic impact and lockdown measures, particularly in Germany. It highlights the differences between the first and second waves, the economic challenges faced by Germany, and the country's fiscal response. The discussion also covers Germany's tax revenue projections, the need for new debt, and future challenges related to an aging population and necessary investments in digital infrastructure and climate protection.

What role does consumer behavior play in the economic recovery of Germany amidst the pandemic?

What factors are contributing to the contraction of the German economy during the fourth quarter?

How do the tax revenue projections for Germany compare to other European countries during the pandemic?