German Ifo business confidence index rose for a second month in May; It fell to a 26-year low in March
May 25th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
German Ifo business confidence index rose for a second month in May as interest-rate cuts and government stimulus packages boosted expectations that the worst of the recession is over. The index fell to a 26-year low of 82.2 in March.