Arab Today, arab today german business confidence hits 2 year low
Last Updated : GMT 11:17:56
Arab Today, arab today
Arab Today, arab today

German business confidence hits 2 year low

Arab Today, arab today

Arab Today, arab today German business confidence hits 2 year low

Berlin - DW

The mood among German business leaders has deteriorated for the second month in a row, according to the Ifo economic institute\'s June survey. Entrepreneurs are getting increasingly worried about the eurozone debt crisis. Business confidence in Germany hit a two-year low this month, the Munich-based Ifo reported on Friday. Ifo\'s closely watched business climate index fell to 105.3 points this month, down from 106.9 in May. Analysts had penciled in a smaller decline, but companies grew much gloomier about the fallout of the eurozone debt crisis. Although initial fears of Greece\'s immediate exit from the eurozone are no longer evident, business leaders in Germany have become extremely nervous about the fiscal woes of Spain and Italy. Market repercussions \"The recent surge in uncertainty in the eurozone is impacting the German economy,\" Ifo President Hans-Werner Sinn said in a statement. Ifo calculates its headline index on the basis of companies\' assessments of their current business and the outlook for the next six months. While the subindex gauging current activities edged up by 0.7 points in June, the subindex measuring outlook tumbled to 97.3 points, its lowest level since October. Early trading losses on Germany\'s blue-chip DAX increased following the news from the Ifo institute, dropping by 1.3 percent shortly after the survey was made public.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german business confidence hits 2 year low Arab Today, arab today german business confidence hits 2 year low

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german business confidence hits 2 year low Arab Today, arab today german business confidence hits 2 year low

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday