German business sentiment rose to a seven-month high in January, the Ifo institute said on Friday.
The Ifo Institute said its sentiment index of the German business climate fell to 100 in October from 101.4 in September.
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There was some positive news out of economic powerhouse Germany today when the Ifo Institute released a Business Climate reading that improved to 106.7.
Businesses in Germany "anticipate a clear revival in exports, " said Hans-Werner Sinn, president of the Ifo Institute for Economic Research at the University of Munich.
The annual bill to German taxpayers of the additional borrowing costs could eventually reach 1.9% of German GDP, according to Kai Carstensen of the Ifo Institute for Economic Research in Munich.
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Mr Seehofer, for example, has distanced himself from her over the euro in a bid to appeal to his Bavarian base (one leading critical economist, Hans-Werner Sinn, runs the CES-ifo institute in Munich).
Both developments put a more positive spin on Germany as a business location than it has enjoyed for a while, and offset somewhat the news that during June the business climate index measured by the Ifo Institute for Economic Research fell by an unexpectedly dramatic 1.4 points.
But Hans-Werner Sinn, head of the Ifo economic research institute at Munich University, is much more upbeat.
Because of skills shortages before the crash, firms did not want to shed staff, says Kai Carstensen of Ifo, a research institute.
In Germany the Ifo Business Climate Index, compiled by a research institute at the University of Munich, dropped to 111.1 from 111.3, according to a news release Friday.
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Nastier still was the September reading of the monthly Ifo index of business confidence, published by a Munich research institute.
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