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18 Dec 2013

Germany: IFO – Business Climate improves slightly in December

FXstreet.com (Barcelona) - According to data published on Wednesday by the CESifo Group, German IFO – Business Climate increased slightly from 109.3 in November to 109.5 in December. This result is in line with market consensus.

IFO – Current Assessment fell to 111.6 in December, versus 112.2 the previous month, against forecasts of rising to 112.5. IFO – Expectations rose a notch to 107.4 from 106.4 and above expectations of growing to 106.5.
Dec 18, 2013

Germany December IFO - Current Assessment falls to 111.6 vs 112.2

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Dec 18, 2013

Merkel to press for closer European integration during her third term

German Chancellor Angela Merkel, whose reelection for the third term in office was confirmed yesterday by a 504 to 127 vote in the Bundestag, said on Wednesday that the European economy has been recovering gradually this year and that Germany would continue pushing for a closer integration in the area in order to improve the situation further.
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