German Business Confidence Drops for Fourth Month as Risks Build

German business confidence declined for a fourth month, reflecting a faltering euro-area economy that European Central Bank President Mario Draghi says might need more stimulus. The Ifo institute’s business climate index, based on a survey of 7,000 executives, fell to 106.3 in August from 108 in…

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German Business Confidence Drops for Fourth Month as Risks Build

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