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Germany’s Scholz expects quick recovery in most parts of economy – Metro US

Germany’s Scholz expects quick recovery in most parts of economy

FILE PHOTO: German Finance Minister Olaf Scholz attends a session
FILE PHOTO: German Finance Minister Olaf Scholz attends a session of the Bundestag, in Berlin

BERLIN (Reuters) – German Finance Minister Olaf Scholz said on Tuesday he expected Europe’s largest economy to recover quickly from the coronavirus crisis, though some sectors were likely to rebound faster than others.

“My view is that most parts of the economy will recover quite quickly and we already see this in the figures today,” Scholz told the Wall Street Journal in a recorded interview as part of a virtual conference.

(Reporting by Tom Sims; writing by Michael Nienaber; editing by Thomas Seythal)