1. Skip to content
  2. Skip to main menu
  3. Skip to more DW sites
Live TV
Latest audioLatest videos
In focus
German coalition collapseDonald TrumpCOP29

Looking up

June 24, 2011

The closely-watched index of German business confidence rose unexpectedly in June, contrary to experts' predications that it would fall. This indicates Germany is weathering the eurozone debt crisis well.

https://p.dw.com/p/11iax
Sailboats on the water
Germany is cruising through the eurozone crisisImage: dpa

Contrary to analysts' expectations, Germany's leading business confidence index rose in June.

The index, which is released monthly by the Ifo institute in Munich, indicated an increase to 114.5 points, from 114.2 last month.

The index is compiled from surveys of 7,000 executives, and a drop to 113.5 was anticipated due to the eurozone debt crisis.

However, the rising numbers indicate Germany is weathering the crisis well and does not seem to be fazed by slow global growth.

"The German economy is going through a strong upswing," said Hans-Werner Sinn, Ifo president, in a statement.

Author: Matt Zuvela (dpa, Reuters)
Editor: Martin Kuebler

Skip next section Explore more

Explore more

Italian Prime Minister Silvio Berlusconi

Italy contemplates horror of a Greek-style debt crisis

Italy contemplates horror of a Greek-style debt crisis

Eurogroup President Jean-Claude Juncker struck fear into Italian hearts last weekend by suggesting that the Greek debt crisis could cross the Ionian Sea. But is it true, and if so, what can the Italian government do? (22.06.2011)
June 22, 2011
The IMF logo

IMF warns euro crisis threatens global recovery

IMF warns euro crisis threatens global recovery

Debt-ridden European countries pose a serious threat to the global economic recovery unless immediate steps are taken to reduce their budget deficits, the IMF has warned. Meanwhile, Germany's economy continues to grow. (17.06.2011)
June 17, 2011
Euro coins falling

Just how serious is the Greek debt problem?

Just how serious is the Greek debt problem?

The perceived lack of progress in resolving the Greek debt crisis is draining international markets of confidence. Deutsche Welle asked a number of European economic experts just how serious they think the situation is. (16.06.2011)
June 16, 2011