German recovery on track but outlook for 2021 still downbeat

Christel Deskins

German Economy Minister Peter Altmaier wearing a face mask presents the government’s updated economic outlook for 2020 in Berlin, Germany, September 1, 2020. Photo: Reuters/Hannibal Hanschke Europe’s largest economy has been showing positive signs of recovery from the pandemic but optimism is not high for 2021. This week, the German […]

German July trade figures point to slow recovery

Christel Deskins

By Joseph Nasr and Rene Wagner BERLIN (Reuters) – German exports remained far below their pre-crisis levels in July despite a 4.7% increase during the month, data published on Tuesday showed, adding to signs that Germany’s economic recovery from the coronavirus will be slow. Imports rose by only 1.1% on […]