German business confidence drops
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Business confidence in Germany, Europe's largest economy, falls to its lowest level in more than a year.
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Surging oil prices and the runaway strength of the euro, currently at an all-time high around 1.32 dollars, are undermining industrial confidence in Germany, a key survey showed.
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German business confidence appeared to stabilise somewhat in September, with the widely watched Ifo business climate index slipping only fractionally this month, the Ifo economic research institute said.
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Business confidence in Germany slipped again in February, receding further from a 16-year high point in December, as companies become less optimistic about their situation and the outlook for the next six months, a survey showed on Friday.
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German investor confidence dropped to the lowest in almost two years in November on concern that crude oil near $50 per barrel and the euro s appreciation will hurt economic growth and corporate profits.
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German finance professionals&#39; growth expectations have dropped this month amid fears that soaring oil prices could slow the recovery of Europe&#39;s biggest economy, according to a survey released Tuesday.
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Factory orders in Germany, Europe s largest economy, probably fell for the second month in three in August as soaring oil prices weighed on global growth, a survey of economists showed.
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German business confidence is tumbling amid mounting fears about the impact of the euro&#39;s rise against the dollar, according to the closely-watched Ifo economic institute survey.
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German business confidence fell again in September amid concerns over market turmoil, a survey says.
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Business confidence in Germany, Europe&#39;s largest economy, fell to its lowest level in more than a year in November as the euro&#39;s climb to a record high against the dollar threatened exports and unemployment at a five-year high crimped consumer spending
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German investor confidence hits a 15-year low, bruised by a weak global economic outlook and a strong euro.
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German firms are happy with the current economic climate, but less confident about the future, a survey says.
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Investor confidence in Germany has declined more sharply than anticipated, a major economic think tank said, as high oil prices put a damper on hopes of a continuation of the nascent recovery.
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Business confidence in Germany, Europe s largest economy, probably fell for the third month in four in November as the euro s climb to a record threatened exports and unemployment rose, a survey of economists ...
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German investor confidence fell to the lowest in 15 months in September as higher oil prices crimped global growth and unemployment weighed on a recovery in Europe's largest economy.
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Investor confidence in Germany took an unexpected tumble this month amid growing concern about the negative impact of runaway oil prices and signs the global recovery is already running out of steam, a new poll showed.
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German consumer confidence has fallen, hit by concerns over the global credit crisis and higher food prices.