Bundesbank’s Nagel: steps needed to stop German economy from getting worse By Reuters

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WASHINGTON (Reuters) – Germany is not dealing with a deep financial contraction, but actions need to be required to avoid things from becoming worse, said Bundesbank President Joachim Nagel in Washington on Friday.

“This would make a vital contribution to enhancing the forces of growth. Anything that can go beyond that in 2025 would absolutely be welcome from the central bank point of sight,” said Nagel on the sidelines of the yearly IMF and Globe Financial institution meetings.