Biggest eurozone economy hitting the brakes: Germany&#39;s Ifo
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German business sentiment fell in September for the fifth month in a row, an influential survey showed Tuesday, and most analysts said the eurozone&#39;s biggest economy had clearly hit the brakes.
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Business confidence in Germany cooled unexpectedly in June as the prospect of rising interest rates and high oil prices sent an unseasonable shiver through companies in the eurozone&#39;s biggest economy, a key survey showed on Friday.
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Clouds continued to gather over the German economy on Monday, as the Bundesbank estimated that the modest recovery of the eurozone's biggest economy already appears to be running out steam.
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FRANKFURT - Surging oil prices and the strength of the euro, currently at an all-time high around 1.32 dollars, are currently weighing on business morale in Germany, the eurozone&#39;s biggest economy, a new poll showed.
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The German economy, Europe's biggest, is currently running up one record after another.
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The euro-zone economy slowed more sharply than previously estimated during the second quarter and may not gather new momentum before the end of the year, according to figures released by the European Union&#39;s statistics agency Thursday.
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Business confidence in Germany, Europe s largest economy, probably fell in December for the fourth month in five as the euro s appreciation to a record dimmed the outlook for exporters, a survey of economists ...
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A spate of encouraging economic data released in Germany this week appears to back up the belief that the current lull in activity in the eurozone's biggest economy will prove only temporary, analysts said.
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The number of people out of work in Germany, the eurozone's biggest economy, declined in August, but solely as a result of seasonal factors, official data showed.
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Germany's economy, Europe's largest, unexpectedly shrank in the fourth quarter as domestic spending declined and exports failed to make up the difference.
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German retail sales took an unexpected tumble in November, denting hopes for a noticeable pick-up in consumer spending in the eurozone's biggest economy, where chronically weak domestic demand remains the main ...
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Business confidence in Germany, Europe's largest economy, falls to its lowest level in more than a year.
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Consumer sentiment in Germany, the biggest economy in the eurozone, is declining as expected as a result of the steep rise in value-added or sales tax (VAT) introduced at the beginning of this year, a poll showed on Monday.
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The German economy, the biggest in the 12-country eurozone, will grow by 2.0 to 2.5 percent this year -- a faster rate than originally forecast, Economy Minister Michael Glos has said.
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FRANKFURT The German economy slowed in the third quarter, the government said Thursday, amid signs that the rise in the euro is taking a toll on exports.
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A report released in Brussels on Friday showed a slowdown of economic growth in the 12-nation eurozone due to record high oil prices and the euro&#39;s sharp rise against the US dollar.
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The sharp rise in the euro at the end of last year could whittle down the Bundesbank's 2004 annual profit to next to nothing, spelling further bad news for Germany's already severely straitened public finances, ...