Ifo President Clemens Fuest said Germany’s economic recovery “will take time” after the institute’s latest survey showed a modest rise in German business confidence for June, according to Bloomberg.
Fuest said a combination of structural factors and macroeconomic shocks is hitting the German economy, while the improvement in sentiment eased worries about knock-on effects from the Iran war on Europe’s largest economy.
Ifo Says Germany’s Economic Recovery Will Take Time, Fuest Says
2026-06-24 09:02:46
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