German Economic Confidence 2 Year Low
Published / Last Updated on 27/08/2012
German Economic Confidence 2 Year Low.
An IFO survey has shown that confidence in German businesses have fallen for the fourth time in four months to make the figure a 29 month low.
The index that is put together by the think tank has shown that it fell from 102.3 from 103.2 in July.
The results show that businesses are getting more and more worried that Germany cannot support the faltering eurozone economy by itself.