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German FinMin optimistic on growth


German FinMin optimistic on growth


Germany’s Finance Ministry said on Monday that it expects the economy will have grown significantly more in the second quarter than in the first.

In its monthly economic report, the ministry also predicted the recovery is likely to strengthen in the second half of the year.

It credited increased momentum in the industrial sector and a pick-up in construction after a slow-down due to bad weather over the winter.

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