Germany IFO’s Economist: Economic recovery is fragile

Following the release of the final German IFO Business Survey, the institute’s Economist Klaus Wohlrabe said that the economic recovery remains fragile.

Additional quotes

“We see GDP growth of around 7% in Q3. “

“German exporters doing pretty well considering situation in other European countries.”

• EUR/USD clings to gains near session tops, around 1.1830 area post-German Ifo