Investors' confidence in the German economy rose significantly in June, beating analysts' forecasts, thanks to optimistic GDP forecasts.
Lara Maior
International
Foto Pixabay
Always see our news on Google
The ZEW index, which measures investors' expectations, rose to 47.5 points in June from 25.2 points in the previous month, beating the average estimate of 35 points. This rise in confidence is supported by the German government's recent fiscal measures and the ECB's interest rate cut, which could signal the end of economic stagnation in Germany, according to ZEW president Achim Wambach.
Sources
Latest News
23:05
Gheorghe Piperea (AUR) accuses Ciprian Ciucu of not allowing a protest to be organized for Călin Georgescu
22:54
Trump says it is unlikely that he will order new attacks on Iran if negotiations advance
22:36
Traian Băsescu calls for Ursula von der Leyen to be replaced as head of the European Commission
22:25
PNL negotiates a merger by absorption with Forța Dreptei and the establishment of the Modernization Pole
21:59
Poland raised €1.13 million for the police officers injured in the attack in Kraków
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
