The Recession bites: German business confidence falls to its lowest level in a generation - je 18.12.2008 16
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Constanze TressDecember 18, 2008
German business confidence has fallen to levels not seen in the western half of the country in almost 3-decades. The IFO Institute reports its closely-watched Business Climate Index fell more than expected and highlights the impact the credit crisis and the recession are having on German business sentiment.