German investor morale buoyed by improved situation in Europe

Reuters    Translate This Article
17 January 2017

On 17 January 2017 Reuters reported: The mood among German analysts and investors improved slightly in January, with rising expectations 'a leap of faith for 2017' after a stronger-than-expected performance by Europe's largest economy in 2016, the ZEW economic institute said on Tuesday. 'The slight increase of the ZEW indicator of economic sentiment is mainly due to the improved economic situation across European countries,' ZEW President Achim Wambach said. The German economy expanded at the fastest pace in five years in 2016 and the growth momentum is expected to continue this year. Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.

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