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Germany’s Economy Minister Peter Altmaier noted on Friday that the economy is picking up faster than many feared, as reported by Reuters.
"The German economy will grow clearly more than 4% in 2022," Altmaier added.
These comments don't seem to be helping the market sentiment improve. As of writing, Germany's DAX Index was down 0.7% on the day at 15,615. Meanwhile, the EUR/USD pair clings to small recovery gains on Friday and was last seen rising 0.12% on the day at 1.1921.