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German business sentiment hits 14-month low in February
Published Tue, Feb 23, 2016 · 09:50 PM
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Frankfurt
CLOUDS loomed over the German economy on Tuesday as business confidence in Europe's economic powerhouse fell to its lowest level in over a year.
According to the closely-watched business climate index calculated every month by the Ifo economic institute, business sentiment slumped to its lowest level since December 2014 in February.
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