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The IFO survey in Germany is one of the closest watched as it shows the state of the largest economy in the Eurozone. It often indicates what the economic evolution for the entire Eurozone is, with immediate effects on the common currency, the Euro.
Today, the IFO showed that the business climate index rose sharply. More precisely, the index recorded its strongest increase ever, spurring hopes that the worst of the pandemic is behind us.…
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