Economics

Bundesbank Sees German Economy at Start of Strong Upswing

  • Central bank lifts German 2021 growth forecast to 3.7% from 3%
  • Economy could reach pre-crisis levels as early as this summer
Photographer: Liesa Johannssen-Koppitz/Bloomberg
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Germany’s economy is poised for a strong upswing in the second half of this year, with activity likely to reach pre-crisis levels as soon as this summer, the Bundesbank said.