Arab Today, arab today german economist optimistic of economic boom
Last Updated : GMT 19:10:18
Arab Today, arab today
Arab Today, arab today

German economist optimistic of economic boom

Arab Today, arab today

Arab Today, arab today German economist optimistic of economic boom

Frankfurt - XINHUA

   A German economist said on Thursday that the economic boom in Germany has resumed after the interruption of the euro crisis. Christian Schulz, a senior economist at Berenberg Bank, made the remarks while commenting on the hike of the Ifo business climate index, which was regularly published by a Munich-based economic research institute and considered as a barometer of the German economy. The Ifo Business Climate Index for industry and trade in Germany rose in April to 111.2 points from 110.7 points last month, the Ifo institute announced on Thursday. The situation in Ukraine poses serious risk to the economic recovery in the eurozone at the moment, Schulz argued in a note to clients. "But German businesses seem to estimate that the worst-case scenario ... remains unlikely." Schulz sees the rise of the Ifo business climate index as a result of improvement of some sectors of the German economy. Schulz cited the strengthening domestic demand, the broadening recovery in its most important export markets the eurozone and other developed economies. Confidence in the domestic-oriented retail trade sector eased a little but remained at very high levels, while the wholesale trade sector improved markedly. The volatile construction sector also reported a brighter outlook in April. The most important sector for the cycle, manufacturing, reached a new post-2011 high on the back of an improved export outlook, according to Schulz. "Germany's 'Golden Decade', temporarily interrupted by the euro crisis, has resumed," he said.

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 economist optimistic of economic boom Arab Today, arab today german economist optimistic of economic boom

 



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 economist optimistic of economic boom Arab Today, arab today german economist optimistic of economic boom

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
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 Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
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