German business confidence ended the year at an all-time high, the Ifo institute said Friday as Europe's top economy headed for record growth thanks to a solid rebound on the domestic front.
German business managers are surfing a wave of confidence, as a key survey released on Friday showed another surprise jump in October to the highest level since May 2007.
German business confidence posted Friday a surprise rise to levels last seen in mid-2007, suggesting Europe's powerhouse economy will remain resilient and not return to recession.
German business confidence has regained levels not seen since before the global financial crisis, the Ifo economic institute said on Wednesday in the latest sign of strength in Europe's biggest economy.
Germany’s business climate has shown the biggest monthly improvement since reunification, the respected Ifo economic institute reported Friday, in another sign that the crisis is but a distant memory.
The German football team’s second World Cup match takes place during working hours on Friday, but according to a new poll, not all of the country’s employers will allow workers to watch the game on the job.
Germany has made a huge mistake in backing an emergency rescue package for eurozone countries, argues president of the Ifo economic institute Prof. Hans-Werner Sinn.
Debt-stricken Greece is unlikely ever to be in a position to pay back loans from Germany currently under consideration to help end its crisis, Hans-Werner
Business confidence in Germany rose sharply to a near two-year high in April, the closely watched Ifo index showed Friday, in another sign of recovery in Europe's top economy.
Data on Tuesday showed German business confidence unexpectedly sliding for the first time in nearly a year, raising fears that the path to recovery for Europe's top economy will be long and bumpy.
German business confidence rose for a record 10th month in a row, the Ifo index showed Tuesday, raising hopes that Germany's economy, Europe's largest, could lead the continent from its slump.
Prospects for Europe's biggest economy look gloomier in 2010 as consumer sentiment, business investment and borrowing polls warn of weak patches following the worst recession since World War II.
German business confidence rose for the ninth month running in December, the closely watched Ifo survey indicated on Friday, in the latest sign that Europe's biggest economy is on the road to recovery.
German firms are at their most confident since the spectacular collapse of US banking giant Lehman Brothers in September 2008 and the subsequent global recession, a survey showed Wednesday.
Despite the worst economic crisis since 1945, German consumers are ever more confident in the future and increasingly willing to part with their hard-earned cash, a closely-watched survey said on Monday.
The mood among German firms brightened for the fourth month running in July amid signs that the worst may be over for Europe's biggest economy, the closely watched Ifo index showed on Friday.
German firms are getting over the recession blues and expect a stabilisation in Europe’s biggest economy after the turmoil of recent months, the closely watched Ifo survey suggested on Monday.
Confidence among German firms rose to a six-month high in May, a key sentiment index showed on Monday, suggesting that Europe's top economy might be pulling out of its worst slump in more than 60 years.
Business confidence in Germany has risen from record lows, a key index showed Friday, offering a small ray of hope following a week of dire forecasts for Europe's biggest economy.
A key German index released Wednesday found corporate sentiment in Europe's biggest economy plumbing record new depths, but some economists detected signs the low point might be near.
German business confidence hit an all-time low in February, the closely watched Ifo indicator revealed Tuesday, as leaders in the manufacturing sector reported deeper gloom in Europe's biggest economy.
Business sentiment dropped in Germany for the seventh straight month to a record low point of 82.6 points in December, the key Ifo index showed on Thursday, while business activity fell sharply across the 15-nation eurozone.
A leading German economist who sparked controversy on Monday by comparing criticism of business leaders with stigmatization of Jews during the financial crisis of the 1930s has apologized for his remarks.
