The ZEW
Indicator of Economic Sentiment climbed to 38.5 from
Meanwhile,
the current conditions measure dropped to 8.6 from 8.9. The index was expected
to rise to 9.5.
"The
financial experts stick to their assessment: the German economy is likely to
pick up speed in the second half of 2013," ZEW President Clemens Fuest
said.
"However,
the results of the current survey indicate that the economy will improve rather
slowly."
Nearly half
of the survey respondents expect no significant economic impulses in the next
six months, Fuest added.
The
economic sentiment index for Eurozone climbed three points to
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