Strong recovery may occur in Europe's largest economy

According to the Wednesday projection of the German DIW economy research institute, “Strong recovery” based on internal consumption will start in the German economy, in the forthcoming years.

According to DIW, the largest national economy of the European Union will recover, due to  labor market trends; During the winter of 2011-2012 employment rose to its historic peak, while unemployment decreased to the lowest level since the German reunification, so wages will increase in the next period, while household consumption will dynamically grow. (MTI)