But sales of the Beetle slipped 3.2 percent to 15,667 in 2017 in the United States, a fraction of the sales for the Jetta and Passat sedans.

“We will win,” he said, but the president also acknowledged that nothing would be the same again.France is facing its biggest recession in modern peacetime, and economists have said it will take years, probably decades, before the country gets back on its feet.

All depends on whether the country successfully manages to ease the lockdown without provoking a surge in infections that would force a second round of lockdown.“If things go back to normal and we aren’t hit by a second wave of the virus, I think we can escape the worst-case scenario,” the economist Maury said. “But right now, nothing is certain.”Confronting Coronavirus: This article is part of a new series of articles?in which The Local's journalists across Europe are taking an in-depth look at the responses to different parts of the crisis in different countries; what's worked, what hasn't, and why.?This article has been supported by the?Solutions Journalism Network, a nonprofit organisation dedicated to rigorous and compelling reporting about responses to social problems.?The SJN has given The Local a grant to explore how different countries are confronting the various affects of the coronavirus crisis?and the successes and failures of each approach.?How well is France's €7 billion plan to save small businesses really working? by Ingri Bergo is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.Based on a work at https://www.thelocal.fr/20200522/how-well-does-the-french-governments-7billion-plan-to-save-small-businesses-really-work.

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People waiting outside a Deutsche Bank branch in Frankfurt. Photo: DPA Germany has been plunged into a recession set to last until the middle of the year, the Economy Ministry said Wednesday, as the government held key talks on whether to end crippling curbs imposed to fight the coronavirus pandemic.Group net revenues were down 10 percent at €7.74 billion.

"In the third quarter we met several challenges," said co-chief executives Jürgen Fitschen and Anshu Jain. "We took substantial litigation charges and saw reduced profits in investment banking, leading to a lower quarterly result," they said.Deutsche Bank is currently being investigated over allegations that some of its employees may have been involved in rigging the Libor and Euribor interest rates.

And a number of top managers are also suspected of involvement in a tax evasion scheme in the trading of carbon emissions certificates.The group put the litigation charges in the third quarter at €1.2 billion.