Business confidence in Germany has been decreasing for the fourth month in a row. According to the Institute for economic research Germany the index of business confidence in the last month of summer fell to 106, 3 points compared with 108 points in July, informs.

According to the magazine, the long-term decline in business confidence is due to growing concerns regarding the economy of Germany. A survey conducted among employees 7 thousand German organizations that have demonstrated a reduction in the assessment of the brotherhood of the current economic position and prospects of its development.

first it was announced that German Chancellor Angela Merkel said about the influence of the Ukrainian falling on the German economy. According to Merkel, in the 2nd quarter of the country's economy has been damaged as a percentage to 0, 2%." in the whole situation around Ukraine and Russia are still many uncertain. However, we expressed interest in our international relations was again constructive, " she.

sections: Politics