A key index has found that German business confidence slumped in the month of July.
The closely watched Ifo business sentiment index fell more than anticipated to 97.5 points this month, due to concerns over the cost of the euro, rising inflation and higher interest rates. The monthly survey of 7,000 German executives was released ahead of a batch of German FM confirms 2 Germans kidnapped in Nigeria ...
EU Police break up human trafficking ring ...
Global Media Forum in Bonn wraps up second day ...
German citizen in Afghanistan held by US released ... other major economic confidence polls due out this week, which are also expected to point to a bleaker economic outlook for Europe.
(Deutsche Welle)
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