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German Business Confidence Slumps

Wall Street Journal Original article ›

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The Ifo survey of business confidnce in Germany declined to 102.3 points in August 2012 from 103.2 in July 2012, the lowest since March 2010.

A German view of bailouts by the president of the Ifo Institute in Munich

05/26/2010

Hans-Werner Sinn of the Ifo Institute says Germany has already done its part, and socialization of losses in Europe- through eurobonds or other measures- is dangerous. Something he says, even the U.S. avoided doing in the 1830's and 1840's when it let 8 states go bankrupt.

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Germany Open to Deal on Pooling Euro Debt, With Limits

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Germany Can't Fix the Euro Crisis

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