Author (Person) | Atkins, Ralph |
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Series Title | Financial Times |
Series Details | 25.9.09 |
Publication Date | 25/09/2009 |
Content Type | News |
Article reports that Germany’s economic recovery was possibly losing momentum, with business confidence rising less than expected in September 2009, according to a closely watched survey that highlights the fragility of continental Europe’s return to growth. The Munich-based Ifo institute reported its business climate index rose from 90.5 in August to 91.3 in September. That was the highest reading since September 2008, when Lehman Brothers collapsed in the US. But it fell short of economists’ expectations, suggesting some of the recent optimism about Europe’s largest economy may have been overdone. |
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Countries / Regions | Germany |
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