'Light on the horizon': German business morale improves

  • 📰 brieflyza
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

German business morale rose more strongly than expected in March, a key survey showed Friday, raising hope there is 'light on the horizon' for Europe's crisis-hit top economy. 'The German economy glimpses light on the horizon.'

The improvement will bring hope that the eurozone's traditional growth engine is starting to recover after being battered by surging inflation, higher interest rates and an industrial slowdown. Photo: RONNY HARTMANN / AFP/Filemorale rose more strongly than expected in March, a key survey showed Friday, raising hope there is"light on the horizon" for Europe's crisis-hit top economy.

The component of the index that refers to future expectations rose sharply, although the component covering businesses' current situation increased more modestly.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in BUSİNESS

Business Business Latest News, Business Business Headlines