German business confidence rebounds

Article reports a surprisingly sharp rise in German business confidence, April 2009, has provided further evidence that Europe’s largest economy is over the worst of its recession and is closer to returning to growth than previously thought.
The Munich-based Ifo institute reported its business climate index had rebounded in April to the highest level since November 2008, while expectations about the next six months had returned to levels last seen in September 2008.

BBC News, 24.4.09: German business confidence rises http://news.bbc.co.uk/1/hi/business/8016204.stm

Deutsche Welle, 24.4.09: German business sentiment up despite gloomy forecasts http://www.dw-world.de/dw/article/0,,4202529,00.html

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

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