German economy is recovering: Bundesbank

(ANSA) - BELGRADE, JUN 7 - After a two-year period of weakness, the German economy is "slowly regaining its footing," according to a press release from the Bundesbank that summarises the central bank's current forecast for Frankfurt, which is consistent with estimates made at the end of the year. "The German economy is freeing itself from the phase of economic weakness," said the president of the Bundesbank, Joachim Nagel, adding that the German GDP will grow "slightly again" this year and "to a greater extent" in the coming years. (ANSA).