Posts on ‘February 24th, 2009’

German business expectations continue to brighten up (from low level)

The Munich-based Ifo institute has this morning published its monthly business climate indices for Germany, Europe’s largest economy.
Without getting too detailed, the around 7,000 businesses interviewed unsurprisingly gave a worse assessment of their current situation in February (down from 86.8 in January to 84.3) - mainly because Germany’s important export sector continues to be under [...]