Germany’s Altmaier: No reason to cast doubt on growth forecast of 3.5% for 2021

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Germany’s Economy Minister Peter Altmaier said on Wednesday that they don’t have any reasons to cast doubt on the economic growth forecasts of 3.5% for 2021 and 3.6% for 2922, as reported by Reuters.

“The economy will have reached pre-pandemic level by the start of 2022 at the latest,” Altmaier added.

Market reaction

These comments don’t seem to be having a significant impact on market sentiment. At the time of press, Germany’s DAX Index was down 0.11% on a daily basis at 15,705.