German business morale soars to record high
German business morale soars to record high
Frankfurt am Main - Egypt Today
German business confidence has soared to a fresh record high in November, a closely-watched survey found Friday, as companies shrugged off political uncertainty in Europe's booming top economy.
The Ifo economic institute's business climate index jumped from last month's high of 116.7 points to a historic 117.5 points in November, beating analyst expectations.
"Sentiment among German businesses is very strong," Ifo president Clemens Fuest said in a statement.
"The German economy is on track for a boom."
Businesses were slightly more pessimistic about their current economic situation than in October, the survey showed, but they expressed greater optimism about the future.
The spike in business morale comes as Germany is searching for a way out of a political impasse after weeks-long arduous coalition talks to form a new government collapsed at the weekend.
GMT 13:34 2017 Wednesday ,20 December
High cost of pink: German watchdog slams gendered pricingGMT 13:53 2017 Tuesday ,19 December
German business morale eases back from record highGMT 17:58 2017 Thursday ,14 December
Daimler delivers its first all-electric trucks in EuropeGMT 14:38 2017 Thursday ,14 December
ECB expects inflation to hit 1.7% in 2020, still below goalGMT 14:37 2017 Thursday ,14 December
ECB ups eurozone growth forecasts for 2017-2019Russia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 11:31 2018 Friday ,14 December
UN climate conference enters final day with little progress made
GMT 13:29 2018 Friday ,14 December
Turkey targets military over alleged Gulen links
GMT 02:20 2017 Sunday ,05 March
Affluent Chinese fuel demand for butlers
GMT 13:22 2014 Thursday ,13 February
Car bomb kills at least 12 policemen in Karachi
GMT 00:57 2017 Friday ,17 February
Sudan opposition chief Mahdi to return from exile: PartyGMT 06:39 2013 Wednesday ,08 May
Imran Khan in hospital after rally fall
GMT 06:39 2017 Sunday ,12 March
We will take out suicides outside Iraq if they pose threat, warns premier
GMT 20:52 2016 Monday ,09 May
Al Azhar, Kuwaiti Awqaf ministry probe joint cooperation
GMT 08:13 2017 Thursday ,06 April
ISIL’s second-in-command killed in air strike
GMT 11:55 2018 Wednesday ,05 December
Putin discusses new summit on Syria with Turkish, German leaders
GMT 12:38 2018 Wednesday ,07 November
Topping-out of Berlin's Pergamon Museum restoration in spring 2019
GMT 15:36 2018 Wednesday ,31 October
The Saudi Gallery takes visitors on a colorful journey
GMT 08:10 2018 Friday ,05 October
From smiling Bahrainis, lesson in basket-making
GMT 14:42 2017 Thursday ,02 March
More young people needed in parliament
GMT 08:36 2017 Saturday ,25 February
Yemeni governmental troops control areas in Beida
GMT 12:41 2018 Monday ,10 September
GCC High Military Committee of Chiefs of Staff Kicked off 15th Meeting in KuwaitGMT 09:53 2011 Sunday ,11 September
Gomez follows up a hat-trick with 4 goals against Freiburg
GMT 14:49 2011 Wednesday ,20 July
Icahn raises bid for Clorox
GMT 06:14 2017 Monday ,10 July
Iraq PM declares victory in 'liberated' Mosul: office
GMT 07:32 2015 Monday ,29 June
Taif University accepts more than 18,000 students
GMT 21:08 2016 Monday ,28 November
Vietnam Reports 93 Zika Cases so Far
GMT 21:40 2017 Monday ,23 January
United Kingdom Announced ‘Country of Honour’
GMT 22:22 2016 Wednesday ,23 March
Most Saudis think morals have fallen
GMT 06:41 2017 Friday ,25 August
Libya’s Haftar receives British foreign secretary
GMT 06:59 2017 Thursday ,24 August
UK minister Burt visits Egypt
GMT 18:58 2017 Friday ,03 March
Sharjah Ruler honours winners of Gulf Arabic language
GMT 16:23 2016 Saturday ,10 December
Iraq destroys Mosul car bomb factoriesGMT 14:21 2013 Wednesday ,03 April
Disney Pixar confirms Finding Nemo sequel
GMT 09:31 2017 Wednesday ,19 April
Israeli forces teargas Al Quds University students
GMT 20:13 2016 Tuesday ,19 July
15 Houthis killed, injured in clashes in TaizGMT 08:46 2011 Saturday ,09 July
Internet service providers ready penalties to combat piracy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor