Clown-Free Zone... sorry, no clowns allowed Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Terry Whitman who wrote (247002)	6/25/2003 5:41:58 AM
From: Haim R. Branisteanu	Read Replies (1) of 436258

German, Italian Business Confidence Rises in June (Update1) June 25 (Bloomberg) -- Executives in Germany and Italy became more optimistic this month as the European Central Bank lowered interest rates to help foster an economic recovery and signs of a U.S. rebound increased. The Ifo institute in Munich's index of western German sentiment, Europe's most widely watched economic indicator, rose for a second month, to 88.8 from 87.6 in May. Economists expected an increase to 88. In Italy, a similar business confidence index gained to 91.6 in June from a 16-month low in May. ``If there's hope for a recovery in Europe, it rests with the U.S.,'' said Hans-Joachim Hass, chief economist of Germany's BDI industry group, which represents 100,000 companies including DaimlerChrysler AG. ``Confidence is rising in very small steps.'' The increase in sentiment may bolster expectations that the two countries, which account for about half of the euro region's economy, will grow in the second half after contracting in the first quarter. The ECB on June 5 trimmed rates to the lowest in more than half a century to help foster a recovery.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next