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German investor confidence continues to grow as ECB plots stimulus package


economy

German investor confidence continues to grow as ECB plots stimulus package

German investor confidence continues to rise.

The figures bode well for Europe’s biggest economy.

The poll carried out by the German think-tank ZEW rose to 48.4 percent up from 39.4 in December.

Low oil prices and a weak euro boosted confidence.

The better than expected figures come as the ECB is due to meet later this week to discuss plans to introduce a round of economic stimulus measures, which the bank has so far resisted.

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