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German FinMin: German economy to grow robustly in Q3

German FinMin: German economy to grow robustly in Q3

German FinMin: German economy to grow robustly in Q3

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In its monthly, the German Finance Ministry Chief Wolfgang Schaeuble sounded upbeat on the country’s economic growth prospects for the third quarter.

Key Headlines:

German economy lost some momentum at the beginning of the third quarter

“But recent economic data indicate that the solid upswing will continue also in the third quarter”

Business morale stayed high

German exporters expected to benefit from global economic recovery

Economic upturn is boosting tax income

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