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Economic Sentiment Drops Again in Germany

Worries about Greece and slow global economic growth have lowered optimism about the Germany's economic growth for the third consecutive month, according to the closely watched ZEW Indicator of Economic Sentiment for the country.
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Worries about Greece and slow global economic growth have lowered optimism about the Germany's economic growth for the third consecutive month, according to the closely watched ZEW Indicator of Economic Sentiment for the country.

ZEW's index, which indicates sentiment among members of Germany's financial markets, fell 10.4 points to 31.5 in June. The index was at 54.8 in March.

The economic institute notes that its index for the eurozone also fell to 53.7 points in June, down 7.5.

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