Germany’s got the blues over Greece and the mood is getting worse.
Think-tank ZEW’s monthly economic sentiment survey suggests investors last month were unnerved by uncertainty stemming from the Greek crisis and subdued global growth.
Its figures have dropped to 31.5 points from 41.9 a month ago.
A separate gauge of current conditions dropped to 62.9 points from 65.7 in May, coming in weaker than a consensus forecast for a reading of 63.0.
The index was based on a survey of 229 analysts and investors conducted between June 1 and June 15.