The Canadian Press - ONLINE EDITION

Investment analyst survey shows Ukraine fears weighing on German business confidence

  • Print

FRANKFURT - Germany's ZEW indicator of confidence among professional investment analysts sagged to a 20-month low in August.

The ZEW institute said Tuesday its index fell to 8.6 from 27.1. Market observers had expected a fall to only 17.0.

Fears about a possible escalation of the crisis in Ukraine have weighed on Germany business confidence in recent weeks.

Analyst Christian Schulz at Berenberg bank said the slump confirms "near-term downside risk" from the Ukraine crisis "but does not change the fundamentally positive outlook" for Germany and the 18-country eurozone as a whole.

Some analysts think that Germany's economy, Europe's biggest, was flat in the second quarter that ended June 30 but is picking up in the third quarter.

Official second-quarter figures are out Thursday.

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

Bowman talks "job number one" in News Café interview

View more like this

Photo Store Gallery

  • Marc Gallant / Winnipeg Free Press. Local- Weather standup. Sundog. Refraction of light through ice crystals which caused both the sun dog and and fog along McPhillips Road early Wednesday morning. 071205.
  • Marc Gallant/Winnipeg Free Press. Gardening Column- Assiniboine Park English Garden. July 19, 2002.

View More Gallery Photos

Poll

Should Premier Greg Selinger resign?

View Results

View Related Story

Ads by Google