RealNews

German business confidence falls in June

German business confidence fell in June, dragged down by concerns over record high oil prices, a closely watched survey of attitudes in Europe’s biggest economy showed Monday. “Dark clouds are gathering over the German economy,” said Andreas Rees, chief German economist at UniCredit. “Today’s business barometer showed that it is time to say good bye to the so-far outstanding resilience of ‘Made in Germany.'” Full Story

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