German business morale significantly improves in February

BERLIN (Reuters) – German business morale improved in February despite the ongoing Ukraine conflict as businesses hope for an end to the coronavirus crisis, a survey showed on Tuesday.

The Ifo institute said its business climate index rose to 98.9 from an upwardly revised 96.0 in January in December. A Reuters poll of analysts had pointed to a February reading of 96.5.

(Reporting by Zuzanna Szymanska and Paul Carrel; Editing by Maria Sheahan)

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