German business confidence plunges

German business confidence has plunged to its lowest since the early 1980s, highlighting the speed of the country’s industrial collapse, according to the IFO Institute's Business Climate Index, December 2008.

http://www.cesifo-group.de/portal/page/portal/ifoHome/a-winfo/d1index/10indexgsk http://www.cesifo-group.de/portal/page/portal/ifoHome/a-winfo/d1index/10indexgsk

BBC News, 18.12.08: German confidence at 18-year low http://news.bbc.co.uk/2/hi/business/7789334.stm

Deutsche Welle, 18.12.08: German Business Braces Itself as Confidence Plunges http://www.dw-world.de/dw/article/0,,3884660,00.html

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