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51 November, 2020 Germany Global: 15 Availability: 13 Cost: 47 Regulation: 22 Productivity: 37 2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 40) Region: 9 Availability: 10 Cost: 25 Regulation: 16 Productivity: 15 Remote Readiness 7 Remote Readiness 9 $316 billion USD has been spent on measures to limit the impact of Covid-19. The non –healthcare sector spending includes: • Short-term work subsidy to maintain jobs and income • Increased access to childcare and social security benefits • VAT and tax cuts for SMEs • Grants to SMEs and the self-employed • Revenue compensation • Investment in green energy and digitalization • Local governments have also provided economic support https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19 To enter Germany, from a country outside of the UK/EU or EEA, it must be a necessary trip. If entering from a country which is deemed to be high risk, registration of prior to travel and quarantine on arrival is required. Masks are mandatory. A partial lockdown has been extended until January but schools are remaining open. 8.3% 4.7% 0% 20% Germany Regional Ave. % of GDP Germany Q4 2019* Q4 2020* % Change YOY Total Workforce 43.3M 44.6M +2.9% Unemployment Rate (%) 3.1% 4.5% +45% Unemployed Workers 1.3M 2.0M +49% Manpower 2020 Total Workforce Index Workforce Statistics Covid-19 Situation Covid-19 Government Spend as % of GDP Border Closures and Restrictions Additional Government Spending and Foregone Revenue to September 2020 Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis) *Reported figures at Q4 each year https://covid19.who.int/ https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in- Response-to-COVID-19 Other Sources: https://data.worldbank.org/ https://ilostat.ilo.org/ https://home.kpmg/xx/en/home/insights/ https://www.gov.uk/foreign-travel-advice United States Embassy https://tradingeconomics.com/ https://www.destatis.de/EN/