Last quote by Clemens Fuest
Clemens Fuest quotes
Experts' assessments of the current economic situation remain unfavorable, while their economic expectations are far more negative than last quarter. Sentiment in the world economy is subdued.
The currently high level of consumption in Germany, the recent decline in the external value of the euro, and the ongoing recovery in the United States are likely to bolster the robust development of the German economy.
The outlook for the German economy is brightening towards the end of the year. Economic pessimism appears not to have increased after the terror attacks in Paris.