Tourexpi
Germany's economic sentiment down sharply in March
Germany's economic
sentiment in March decreased sharply to 13 points, down by 15.1 points from
February, economic research center Zew announced.
It added that
expectations are still in the positive territory, according to a press release
on Tuesday.
Zew President Achim
Wambach said international financial markets are under strong pressure, and
noted that this level of uncertainty affected sentiment severely.
The report showed
that sentiment for the euro area also worsened in March, dropping to 10 points,
decreasing by 19.7 points.
Image Credit: © AA
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