Germany's economy minister Altmaier: EU summit deal increases chances that "in the second half we will have a cautious, slow recovery"

Market news

21 July 2020

Germany's economy minister Altmaier: EU summit deal increases chances that "in the second half we will have a cautious, slow recovery"

Says that agreement in Brussels is good news for millions of people in Germany and Europe
The likelihood of a gradual economic recovery has "enormously increased"
It's possible that EU money could be available earlier than next year
Expects a sustainable recovery in 2021 and 2022
Expects all European countries to return to growth in 2021

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