KfW Bankengruppe: Spring is in the air for German SMEs
OREANDA-NEWS. The German real economy is benefiting from cheap oil, the weaker euro and the growing signs of a rebound in the euro area. Coinciding with the awakening of spring, this assessment is now being shared by SMEs as well, which have been rather sceptical for a long time. Assessments on the current business situation have reached the highest level since June 2014 and expectations have climbed to a nine-month high. It is a successful start to the second quarter and confirms that the forces driving the economic upturn are gaining strength. The job market is one pillar on which the economy can rely.
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