Comment on German business morale brightens as Greece jitters ease

German business morale brightens as Greece jitters ease

Business confidence in Germany unexpectedly improved in July after two monthly drops as an agreement between Greece and its creditors for talks on a third bailout lifted the mood at firms in Europe's largest economy. The Munich-based Ifo institute said its business climate index, based on a monthly survey of some 7,000 firms, rose to 108.0 from a revised 107.5 in June.

 

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