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Europe Daily Bulletin No. 8031

23 August 2001
GENERAL NEWS / (eu) eu/euro
German employers' high morale brings euro up compared to dollar

Brussels, 22/08/2001 (Agence Europe) - While most economists predicted that the morale of German business leaders would be seriously affected by the slowdown in the first economic results of the euro zone, it remains relatively high: the business climate barometer measured by the Ifo economic institute increased in July to 89.8 points, from 89.5 points in June. Observers expected a fall in the index to 88.6 points on average. This is the first rise recorded by Ifo since the month of January....

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THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION