Ifo President Clemens Fuest discusses the institute’s newest index on German enterprise confidence which fell greater than economists anticipated in December. “The German economic system is just not in a stoop, so it is not taking place in a short time,” Fuest says on Bloomberg Tv. “It is stagnating, and it has been stagnating for a very long time,” he provides. “And the main target of this stagnation is de facto in manufacturing, the place issues are simply not getting higher.”
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