In its country report on Germany released on Tuesday, the Organization for Economic Co-operation and Development (OECD) highlighted the following key points (via Reuters):
Germany’s economic upswing remains strong despite the threat of protectionist US trade policies.
The government should use its budget surplus to increase investment to help reduce its large current account surplus.
“Economic growth is robust and prosperity is high.”
The German economy is expected to grow by 2.1 percent this year and next.
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