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German business confidence down as exports take a hit

2012-09-24 4 Dailymotion

German business confidence fell for the fifth month in a row as Europe's debt crisis continues to hurt the continent's largest economy.<br /><br />The closely monitored IFO index dipped again as demand for German exports dropped due to the problems in the wider eurozone.<br /><br />Growth is sluggish and recession looms.<br /><br />Gernot Nerb is from the IFO:<br /><br />...<br />http://www.euronews.net/

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