LONDON (MarketWatch)
Business expectations in Germany dropped sharply in June
as jitters over the Spanish banking system and the outcome of the Greek election
stirred concerns
The ZEW Indicator of Economic Sentiment for Germany sank 27.7
points to a level of minus 16.9 points in June, marking the strongest decline
since October 1998
"The financial market experts' expectations are a strong
warning against a too optimistic assessment of Germany's economic perspectives
in the remainder of this year," said ZEW President Wolfgang Franz
"The risks of
a pronounced decline in economic activity in countries with close trade ties to
Germany are very clear."
The assessment of the current economic situation for
Germany also worsened, with the corresponding indicator dropping 10.9 points the
the 33.2 points mark
Welcome
The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
Cortesía de Investing.com
Agenda Macro
Calendario económico en tiempo real proporcionado por Investing.com España.
No hay comentarios:
Publicar un comentario