Jens Weidmann at the Frankfurt Finance Summit

According to Bundesbank President Jens Weidmann, the German economy has probably moved past the trough of the coronavirus crisis. “The economy is growing again,” Mr Weidmann said during a speech in Frankfurt am Main. Explaining that “the crisis has demonstrated with great clarity how crucial sound public finances are for the ability of states to act”, Mr Weidmann noted that Germany still had fiscal space for additional measures should they prove necessary.