– German business morale held steady in October and Europe’s largest economy is stabilizing after contracting earlier in the year, a survey showed on Friday.
The Ifo institute said its business climate index was unchanged from the prior month in October at 94.6. The October reading compared with a consensus forecast for 94.5.
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Euro zone business activity stagnates as Draghi bows outLONDON - Euro zone business activity stagnated in October as demand withered, according to a downbeat survey published on Thursday hours before European Central Bank President Mario Draghi makes his swansong appearance.
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