Bundesbank says German recovery is faster than expected
Domestic demand created 'exceptionally strong stimulus'
Germany has recovered from a "sluggish period" much faster than had been anticipated, according to the Deutsche Bundesbank's latest monthly report.
Output growth in the eurozone "gained some momentum" in the last quarter, the Bundesbank said, partly due to "robust impulses" from Germany. The German economy itself returned to a growth rate of 0.7% quarter-on-quarter in the fourth quarter of 2014, which the central bank described as a "remarkable" rebound.
The Bundesbank attributed the
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