Global economy won’t return to pre-pandemic levels ‘for a long time’ – Deutsche Bank

In another gloomy

In another gloomy outlook for the global economy, Deutsche Bank CEO Christian Sewing warned that it could take the world much longer to recover economically from Covid-19 than previously thought.

“The pre-crisis level will be difficult to reach and it will take a long time. This is not going to happen this year and not next year either,” the banker told an audience at the Handelsblatt Banking Summit in Frankfurt earlier this week.

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