German Investor Confidence Rises on Fiscal Stimulus Hopes
Germany’s government last week announced new purchase incentives for zero-emission vehicles worth €3 billion through 2029.
Photographer: Jens Schlueter/Getty Images
Investor optimism in Germany’s economy improved in September, reflecting hopes that massive fiscal stimulus will pull the country out of its malaise.
An expectations index by the ZEW institute rose to 39.3 from 37.3 the previous month. Analysts in a Bloomberg survey had expected a gain to 41.1. A measure of current conditions unexpectedly deteriorated.