The ZEW Indicator of Economic Sentiment for Germany over the next six months increased by 16.7 points (month-over-month) to a reading of 48.2 in February, 2013. This is the highest reading since April, 2010. ZEW President Wolfgang Franze provided his take on the uptick, “the financial market experts have made their peace with the weak fourth quarter of 2012. In their opinion the German economy faces less headwinds from the euro crisis than throughout the last months. If this situation remains unchanged during the next months, German business activity may pick up speed moderately.”
