Home / Market Update / Germany to Maintain Economic Recovery

Germany to Maintain Economic Recovery

The German economy is expected to maintain recovery until the end of the year, according to Germany’s economy minister.

The minister expects strong growth during the third quarter (Q3) of 2020. However, reaching pre-COVID-19 levels is not expected before 2022.

“The German economy is continuing to pick up, albeit at a more moderate pace,” the minister was quoted by Reuters as saying.

Check Also

Gold Pulls Back as Dollar Strengthens Amid Cautious Fed Outlook

Gold retreated on Friday after a strong rally earlier in the week, slipping from recent …