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11/27/2020, 3:40 PM (Source: TeleTrader)
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Germany aiming recovery from crisis in full strength - Scholz

German Finance Minister Olaf Scholz stated on Friday the country's government was aiming to achieve the recovery from the economic crisis caused by the coronavirus pandemic "in full strength" next year.

The minister previously predicted the output could return to its level before the pandemic by 2022.

More recently, Scholz noted the economy was "doing much better this year than we had expected to in spring" as the preliminary report on Germany's gross domestic product (GDP) in the third quarter showed a rise of 8.2% in comparison to the same period last year.

Breaking the News / JR