German business confidence slips to four-month low in June
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Business confidence in Germany fell to the lowest level for four months in June, as companies in the eurozone&#39;s biggest economy became less optimistic about the six-month outlook and their current business, a key survey showed on Friday.
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Germany's economic recovery will continue at a slower pace than expected, an economics institute said Tuesday as it lowered its 2005 growth forecast to 1.4 percent from 2.1 percent.
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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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The number of jobless Germans fell below four million for the first time in four years in November, figures show.
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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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German consumers are seen being more confident in June, helped by better wages and job prospects, a survey finds.
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The German economy, the biggest in the 12-country eurozone, was teetering on the edge of its third recession in just four years at the end of 2004, but the outlook for this year is brighter with investor confidence on the rise, data showed.
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Germany's sputtering economy shrank in the final quarter of 2004, the latest government figures show.
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Germany's unemployment rate dropped to 9.6 percent in November as the number of people out of work fell below 4 million for the first time in more than four years _ the latest evidence of a gathering recovery ...Comment
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The Bundesbank is forecasting growth of 1.2 - 1.3 percent for the German economy next year, much less than the government's official forecast of 1.7 percent.
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The growth expectations of German finance professionals have dropped to their lowest level in 15 months amid fears that slowing global economic growth could hurt the nation's export-driven recovery, according ...
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German unemployment falls much less than expected last month, raising concerns that the labour market could be flagging.
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Business confidence in Germany stayed just off an all-time high in May, as the outlook for the eurozone&#39;s biggest economy remained rosy, a key survey showed Thursday.
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Following the slump in manufacturing orders in Germany in November, industrial output also fell sharply in the eurozone's biggest economy in the same month, suggesting that German growth as a whole likely remained weak in the fourth quarter.
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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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U.S. new home sales in May fell more  than expected while consumer confidence in June fell to a  10-month low amid anxiousness about jobs and the business  climate, adding to signs of sluggish economic growth this year.
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German business morale worsened in December to its lowest since January 2006, hit by a drop in firms' assessment of current business conditions that leaves Europe's largest economy looking weak going into 2008.