Concerns about the Ukraine crisis and the effect of sanctions against Russia sweep through Europe’s largest economyGerman business sentiment dropped for a fourth straight month in August as concerns about the Ukraine crisis and the effect of sanctions against Russia swept through corporate boardrooms in Europe’s largest economy.The Munich-based Ifo thinktank’s business climate index, based on a monthly survey of about 7,000 companies, fell to 106.3 from 108, below the Reuters consensus forecast of 107. … …read more
Source: The Guardian
