Comments
Business confidence in Germany improved in July after two monthly drops, a survey showed on Monday, as an agreement between Greece and its creditors for talks on a third bailout lifted the mood at firms in Europe's largest economy.
Ifo business climate index, based on a monthly survey of some 7,000 firms, rose to 108.0 from 107.4 in June, beating the Reuters consensus for a reading of 107.2.
"The recent easing of the Greece situation contributed to stronger sentiment in the German economy," said Hans-Werner Sinn, president of Ifo think tank.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.