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✉news BusinessBanking first seen 1 d ago, last 1 d ago, peak #33

Bundesbank says Germany may grow twice as fast as expected

Original: Germany may grow twice as fast this year as earlier thought, Bundesbank says

Germany's central bank, the Bundesbank, says the country's economy may grow about twice as fast this year as previously forecast. The revised outlook offers a rare piece of good news for Europe's largest economy, which has struggled with weak industrial output and stagnation. The upgraded estimate is drawing attention among economists watching the eurozone recovery.

Why now: A major central bank significantly upgrading its growth forecast for Europe's largest economy is new economic news with wide implications.

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