German economy expands on fastest investment growth in two years
Mild winter weather encouraged construction
Record-low unemployment in Germany is underpinning consumer demand, while companies are benefiting from a cyclical recovery in the 19-nation euro area driven by European Central Bank stimulus. The Bundesbank has expressed confidence that the country’s economy can retain its underlying strength, even though expansion will slow somewhat this quarter.
“Growth was broad-based, with private consumption and construction investment shouldering a great share,” Johannes Gareis, an economist at Natixis in Frankfurt, said before the...
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EY reports €393m revenues in Republic of Ireland for 2021 financial year
Revenues in the Republic increased 9.5 per cent for the year up to June 2021 to €393 million, up from €359 million in the previous year