The German Economy Minister assures that they can achieve a GDP growth of up to 4% this year

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The German Minister for the Economy, Peter Altmaier, made a statement in the last hour being optimistic about the national economy.

Featured statements:

The economy has left the worst of the coronavirus pandemic behind.

We can achieve GDP growth of up to 4% this year.

Now we have to organize a responsible way to phase out massive state aid.

EUR / USD reaction

The comments, however, did little to give the shared currency a significant boost or impress the bulls. In fact, the EUR / USD extended its steady decline, falling to fresh lows for the day at 1.2182. At time of writing, the pair is trading above 1.2186, losing 0.20% daily.

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