The German economy is improving, and this is demonstrated by the progress of the Zew index, which measures the expectations of the financial community on economic activity in Germany in the next six months: it jumped in February by 16,7 points to 48,2, marking the third consecutive progress and reaching the highest level since April 2010. This was communicated by the Zew Institute for Economic Research. The figure significantly exceeds expectations, equal to 35.
The president of Zew, Wolfgang Franz, indicates that 'financial market experts have made peace with the weakness of the fourth quarter of 2012. According to their estimates, the German economy is facing less adverse winds from the Euroland crisis than in recent years. months. If this situation remains unchanged in the coming months, business activity in Germany could pick up speed moderately. The assessment of the current economic situation in Germany remained almost unchanged in February with the indicator dropping by 1,9 points to 5,2. Zew's expectations on the Euroland economy increased significantly in February with the indicator rising by 11,2 points to 42,2 and those on the Euroland economic situation were almost unchanged.
