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Investor Confidence Stabilizes in Germany

Confidence in the German economy is holding steady among European analysts and institutional investors this month, according to the Centre of European Economic Research (ZEW).
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Confidence in the German economy is holding steady among European analysts and institutional investors this month, according to the Centre of European Economic Research (ZEW).

The Mannheim, Germany-based group's sentiment index for the country edged up to 36.4 in May from 36.3 in April.

ZEW says economic expectations for the eurozone improved to a reading of 27.6 this month from 24.9 in April.

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