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Germany eyes stronger 2021 growth as vaccines offer hope

3.5 percent this year, 3.6% in 2022

27 April, 15:06
(ANSA-AFP) - BERLIN, APR 27 - Germany raised its growth forecast for 2021 on Tuesday, offering a glimpse of light at the end of the coronavirus pandemic tunnel as vaccinations finally begin to gather pace in Europe's biggest economy. "Today's spring projection is an encouragement despite the current serious infectious situation," Economy Minister Peter Altmaier said, upgrading the outlook for 2021 growth to 3.5 percent from 3.0 percent previously. "This is the year when we will really see a trend reversal," he added. The recovery is expected to extend to 2022, with growth of 3.6 percent for next year, according to the latest government forecasts. (ANSA-AFP).

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