German businesses in bad mood – survey ...News

Economy by : (Russia Today) -
The EU’s largest economy has struggled amid the continuing recession, economists say Business sentiment in Germany has worsened for the first time since August, with the country likely facing a longer recession contrary to the expectations of analysts, a survey showed this week. The business expectations index in the EU’s largest economy dropped to 84.3 in December from 85.1 the previous month in a deeper-than-expected decline, according to Munich’s Ifo Institute for Economic Research. “The economy is weak, and we’ve been waiting for a recovery now for some time, and it’s not coming,” the think tank’s president, C

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