German businesses show their sunny side

Calcutta News.Net
Monday 22nd June, 2009

Share this page

German firms are expressing more confidence in the economy.

A key index has shown German businesspeople believe the economy is now stabilising.

The Ifo index has climbed for the third month in a row to 85.9 in June from 84.2 in May.

Economists in Germany have warned the country is not yet out of the woods and needs more time to stabilise.

They have said the Eurozone's interest rates, which are being kept at 1%, should help.

Share this page

Have your say on this story

Top Stories

Working for change in UP: A lot can be done
This isn't a work of fiction, nor is it constructed to bash politicians or start a revolution, especially at a time when this sprawling state is going ... [read story]
Odisha hooch toll 30, government blames medicines
The death toll due to alleged consumption of spurious liquor has risen to 30 in Odisha, but the authorities have held two medicines responsible for th ... [read story]
Temperature dips in Delhi again
Delhiites Thursday woke up to a chilly morning with the minimum temperature dropping to 4 degrees Celsius, five notches below average. The Met office ... [read story]
Love your morning cuppa? Get ready to pay more
The humble tea is set to turn a bit pricey. A supply shortage, hike in the wages of tea garden workers and soaring input costs are about to make the f ... [read story]
Northeast women's panels want 33 percent reservation
Saying there is gender discrimination in the northeast when it comes to politics, women's commissions in the states of the region have pressed for 33 ... [read story]