Bundesbank releases their latest forecasts on the German economy

  • German GDP to grow by 3.2% in 2021, 3.8% in 2020
  • Says that projections don't include the recent fiscal package by the government

Meanwhile, Bundesbank chief Weidmann also gives the thumbs up to the recent government action by saying that the fiscal support has been appropriate and the central bank takes a more positive view on the recent measures.