German Business Confidence Unexpectedly Drops

German business confidence unexpectedly fell from a 10-month high in March as Cyprus inflamed the euro region’s debt crisis. The Ifo institute in Munich said its business climate index, based on a survey of 7,000 executives, declined to 106.7 from 107.4 in February. That’s the first drop in five…

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German Business Confidence Unexpectedly Drops

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