BERLIN (AP) — German investors are increasingly optimistic about the country’s economy as the latest surge in the coronavirus pandemic seems to be slowing. The Mannheim-based ZEW institute said Tuesday its indicator of economic expectations for Germany over the next six months increased 13.7 points in May over the previous month to a reading of 84.4, the highest value since the beginning of the COVID-19 pandemic. The last time the indicator was at a higher level was in February 2000. The increase came after an unexpected drop in April, when new daily coronavirus cases were much higher in Germany.
The post German investors increasingly optimistic as COVID cases fall appeared first on WEEK.