A construction site in Duisburg, Germany (Photo: VNA)

Handelsblatt said the German economy was benefiting from better-than-expected global developments and higher domestic investments. Economics Minister Brigitte Zypries said the economy is developing in a positive way. The German government’s economics department even raised its forecast for economic growth to 2% for this year, driven by economic data showing that the largest economy in Europe will grow stronger, other sources reported.