A leading German business questionnaire has revealed that confidence in the economy is the worst it has been in two and a half years.
The IFO Business Climate Survey, conducted by the CESifo Group based in Munich, found that the economic mood had darkened for August in their monthly survey, from the responses of 7,000 companies in the manufacturing, construction, wholesaling and retailing sectors.
The worst affected sectors were in retailing and wholesaling, wh...
This story is part of New Europe's Premium content.
|To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑|