Economics minister Peter Altmaier said a slower-than-expected pandemic recovery will mean the German economy does not return to pre-pandemic levels until March 2022, three months after the UK.
German Govt Lifts 2022 Growth Outlook forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.
The German government has cut its economic growth forecast for this year to 2.6%, but lifted its estimate for next year to 4.1% as supply problems are delaying the recovery in Europe's largest economy, two sources familiar with the decision said on Tuesday.
The German government has slashed its economic growth forecast for this year to 2.6%, but lifted its estimate for next year to 4.1%, two sources told Reuters on condition of anonymity on Tuesday.
The German government has cut its economic growth forecast for this year to 2.6%, but lifted its estimate for next year to 4.1% as supply problems are delaying the recovery in Europe's largest economy, two sources familiar with the decision said on Tuesday.