German business confidence has risen # ifo14e # 25.01.2013 15 Uhr # Journal (englisch)
January 25, 2013
The future's looking brighter for Europe's biggest economy. German business confidence has risen to a seven month high - beating expectations. The monthly IFO index canvasses the opinions of thousands of business leaders in Germany. Europe's biggest economy saw a sharp slowdown at the end of last year. But the new survey is being taken as an indicator of a quick rebound.