German Recovery From COVID-19 Will Be Slow and Painful, Data Shows

German Recovery From COVID-19 Will Be Slow and Painful, Data Shows
An employee works at the A3 and A4 production line of the German car manufacturer Audi, amid the spread of the coronavirus disease (COVID-19) in Ingolstadt, Germany, June 3, 2020. Andreas Gebert/Reuters
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BERLIN—German industrial orders rebounded moderately in May, and a fifth of firms in Europe’s biggest economy said in a survey published on Monday they feared insolvency, adding to expectations of a slow and painful recovery from the coronavirus pandemic.