Lockdown-related German savings of 200 bln euros to boost spending in summer -institutes

  • 4/15/2021
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BERLIN, April 15 (Reuters) - Germany’s COVID-19 restrictions have led households to put aside some 200 billion euros ($239.54 billion) and this money is likely to boost overall economic growth once curbs are lifted and consumers can splash out during summer, leading think tanks said on Thursday. ($1 = 0.8349 euros) (Reporting by Michael Nienaber, editing by Kirsti Knolle)

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