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

Oil Rebounds 1.8% as U.S. Strikes Iran Over Downed Helicopter: Ceasefire Unravels and API Shows Massive 9M Barrel Draw

Key Takeaways Oil bounces back: Brent rose 1.8% to $93.08 per barrel, while WTI climbed …