German investor sentiment takes unexpected fall

April 21, 2015 10:57 AM

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German investor sentiment takes unexpected fall

The unexpected fall in the ZEW index also reflected concerns about Greece, which is desperately trying to avert a sovereign debt default, some analysts said.

"April's fall in German ZEW investor sentiment suggests that fears over Greece are starting to dent confidence in the German economic recovery," said Jennifer McKeown, senior European economist at Capital Economics, in a note.

Also read: Eurogroup should be 'realistic' on Greece fiscal targets: Dijsselbloem

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