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Economic Sentiment Gains Again in Germany

Confidence within the financial community about Germany's economy improved for the fifth consecutive month in March, according to ZEW, the Centre for European Economic Research in Mannheim.
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Confidence within the financial community about Germany's economy improved for the fifth consecutive month in March, according to ZEW, the Centre for European Economic Research in Mannheim.

ZEW's Indicator of Economic Sentiment advanced 1.8 points to 54.8, the highest level in 13 months. The institute says optimism about the domestic economy continues to surpass worries about Greece's debt crisis and the continuing Ukraine conflict.

Germany's financial experts also are increasingly positive about the eurozone. ZEW's index for the region jumped 9.7 points to 62.4 in March.

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