German Business Confidence Drops for Fifth Month as Risks Remain

German business confidence fell for a fifth month even after the European Central Bank stepped up plans to revive the faltering euro-area recovery. The Ifo institute’s business climate index, based on a survey of 7,000 executives, dropped to 104.7 in September from 106.3 in August. Economists pr…

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German Business Confidence Drops for Fifth Month as Risks Remain