German investor confidence has plunged in July to its lowest level in more than 16 years.
The Frankfurt-based ZEW research institute's monthly index, which measures investors' expectations for the German economy over the next six months, has dropped to minus 63.9 this month from minus 52.4 in June. The news comes France's Credit Mutuel buys Deutsche Citibank ...
Global stocks battered by renewed credit fears, oil surge ...
Global Media Forum in Bonn wraps up second day ...
Global Media Forum continues ...
Telekom to Take Control of Greece's OTE ...
German police raid radical Islam suspects ... amid soaring food and oil prices in Europe's biggest economy. Meanwhile, the euro has leapt to a record high of just over 1.60 dollars as investor fears continue to grow over the state of the US economy.
(Deutsche Welle)
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