Germany Economy May Grow Twice As Fast As Thought: Bundesbank
Germany's economy could grow around 1% this year, roughly double earlier projections, driven by robust export demand and government investment, according to Bundesbank President Joachim Nagel.
The German economy could grow around 1% this year, about twice as fast as the latest projections, Bundesbank President Joachim Nagel said on Friday. Nagel said the outlook is being supported by robust export demand and government investment. Germany, the world's third-largest economy, has barely expanded for the past three years.