Home / Market Update / German Economy to Grow During Q3 of 2020

German Economy to Grow During Q3 of 2020

Germany’s Minister of Economy, Peter Altmaier, said on Wednesday that the largest economy in Europe is expected to perform better than expected during the third quarter (Q3) of 2020.

Meanwhile, the DIW institute expects the German gross domestic product (GDP) will grow by 6% in Q3 of the year, recovering from the negative impact of the COVID-19 pandemic.

Check Also

European Stocks Edge Higher as Markets Weigh Iran Risks, U.S. Inflation and Earnings Season

European equities traded mixed to slightly higher on Tuesday, as investors balanced a positive lead …