Der Spiegel magazine reported on Sunday an internal German finance ministry document, quoting:
- “There is a chance of more favourable economic developments than expected, especially on the domestic side”
- Said the scenario is based on the likelihood that the labour market and future consumer and investor confidence will be stronger than previously predicted
The document also said:
- euro zone recovery could turn out to be stronger than expected
- Ukraine crisis and “geopolitical tensions” were named as risks for the German economy
