In Germany there are indications Europe’s largest economy can regain some momentum as business sentiment rose for the first time in seven months in November.
Exports outside the eurozone and the prospect of strong Christmas sales boosted hopes.
Figures from the Munich-based Ifo think tank based on a monthly survey of some 7,000 firms surpassed even the highest estimate.
“Firstly at the moment there is no extra bad news from the euro crisis. There is no structural improvement, but there is also no rabbit punch. Secondly the economy outside Europe is not buoyant but not too bad,” said Kai Carstensen from the Ifo think tank.
Germany has avoided any fall out from the European debt crisis but recent data suggested its resilience is wearing thin.
Exports and consumers helped Germany to keep growing in the third quarter albeit at a slower rate than previously down to 0.2 percent.
Analysts believe Germany is well place for a boost to its exports with positive signals from Asia and the US.
- 1euronews live TV - News | euronews : the latest international news as video on demand
- 2International news | euronews, latest international news
- 3Hope vs harsh reality: challenges to global education goals in the 21st century
- 4Madrid to appeal Catalan road to independence from Spain
- 5Thousands in Bucharest blame corruption for Friday’s nightclub blaze
- 6Jorge Lorenzo clinches his third MotoGP title in Valencia
- 7Turkey: Explosion hits Istanbul’s main tourist district
- 8Paris: “I would rather see my brother in prison than in a cemetery”
- 9Extras : euronews : the latest international news as video on demand
- 10Partnering to grow Europe
- 11Macedonian Postcards: The Mavrovo National Park
- 12Moldova: protesters storm Parliament
- 13Benzema questioned in French sex tape case
- 14Business news and finance news | euronews: international economic and finance news
- 15Brussels remains on high alert: ‘multiple operations underway’ across Belgium
- 16Special Reports : euronews : the latest international news as video on demand
- 17Norway sends Syrian refugees back to Russia
- 18smart care - All Programmes | euronews : the latest international news as video on demand
- 19latest Learning World - All Programmes | euronews : the latest international news as video on demand
- 20Meet Bernie Sanders, the democratic socialist who wants to be US president
latest economy news
Volkswagen emissions scandal delays 2015 financial results and shareholders’ meeting
Toyota in optimistic mood over China and US
US jobs growth weaker but steady in January – up by 151,000
ECB’s Draghi: We have to aggressively fight ultra-low inflation
Royal Dutch Shell is latest to have profit hammered by low oil prices
Wires > Business
- 01:36 CET Exclusive: Pentagon’s budget plan funds 404 Lockheed F-35 jets -…
- 01:08 CET BlackBerry cuts 200 jobs in Ontario and Florida to trim costs
- 23:04 CET New Jersey sues VW over excess diesel emissions
- 22:39 CET Global stocks fall after U.S. jobs report muddles Fed outlook
- 22:12 CET 1957 Ferrari racing car sold at auction for record $35.6 million
- 21:46 CET Eurosytem financial assets grew by 5 percent per year since 2002 -…
- 21:36 CET Burberry, Tom Ford align runway shows with retail availability
- 21:34 CET Rothesay Life in talks to buy Aegon’s UK annuity book – source