Economics
German Business Confidence Rises as QE Outweighs Greece
An Audi A7 passes along the final production line inside the carmaker's factory in Neckarsulm, Germany.
Photographer: Martin Leissl/BloombergThis article is for subscribers only.
German business confidence rose for a fourth month as faster economic growth and optimism over European Central Bank stimulus outweighed fears of a worsening Greek crisis.
The Ifo institute’s business climate index, based on a survey of 7,000 executives, advanced to 106.8 in February from 106.7 in January. The median estimate of 37 economists in a Bloomberg News survey was for an increase to 107.7.