Baker City Herald | Baker County Oregon's News Leader

Baker news Yellow Pages NE Oregon Classifieds Web
web powered by Web Search Powered by Google
Apr 15, 6:38 AM EDT

German economic confidence slips on Ukraine worry

World Video

Latest News
Hoeness tax case has Germans dashing to confess

Germany's Merkel calls Putin to discuss Ukraine

German company starts gas deliveries to Ukraine

German economic confidence slips on Ukraine worry

Auction of Hitler box, other Nazi items nixed

Multimedia
Exhibit Honors Soviet Photographer
Buy AP Photo Reprints
Multimedia
A district summary of the Beige Book
Measuring economic stress by county nationwide
Mall malaise: shoppers browse, but don't buy
Unemployment by the numbers
Family struggles with father's unemployment
Saying an affordable goodbye
Hard times hit small car dealer
Latest Economic News
France targets welfare for big spending cuts

Russian economy hit by Ukraine turmoil

UK unemployment keeps falling amid recovery

China's growth slows to 7.4 percent in 1Q

US stock markets rebounds after choppy day

How the Dow Jones industrial average fared Tuesday

Coca-Cola and MasterCard are big market movers

Stocks end higher, extending a modest rally

US stocks drift lower at midday; Homebuilders sink

Stocks head higher in early trade; J&J gains

Interactives
Greece's Debt Threatens to Spread
State budget
gaps map
Auto industry problems trickle down, punish Tennessee county
Women give old Derby hats a makeover in tough economy
S.C. town deals with highest unemployment in South
How mortgages were bundled and sold as securities
Tracking the $700 billion financial bailout
Tracking the year's job losses
State-by-state foreclosures since 2007
Credit crisis explained
Presidents and their economic legacies
Lexicon of the financial crisis
Americans' addiction to debt
Interactive
Berlin Wall: 20 Years Later

FRANKFURT, Germany (AP) -- A key German measure of investor confidence in the economy slipped in April as the conflict in Ukraine created uncertainty about the future.

The ZEW survey of investment analysts fell to 43.2 points from 46.6 the month before and below markets expectations for 45.0.

It is the second month the index has fallen because of concern over Ukraine, where Russia has annexed the Crimean Peninsula and is now accused of stirring unrest in the eastern part of the country.

Europe and the United States have imposed sanctions such as travel bans and asset seizures aimed at individual Russian officials, raising fears of wider sanctions that could disrupt trade. Russia remains a significant emerging market for German carmakers and industrial giants like Siemens AG. Germany, meanwhile, gets about a third of its natural gas from Russia.

The ZEW, or Centre for European Economic Research in Mannheim, said Tuesday that Ukraine "still creates uncertainty" about coming months despite strong confidence in the current state of the German economy.

Still, the index remains well above its long-term average of 24.6 points as the German economy continues to expand with low unemployment.

The index was based on a survey of 238 investment analysts March 31-April 14.

© 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.

News
Local / Sports / Business / State / National / Obituaries / Submit News
Opinion
Editorials / Letters / Columns / Submit a letter
Features
Outdoors / Go Magazine / Milestones / Living Well
Classifieds
Classified Listings / Jobs / Place an Ad
Baker Herald
About / Contact / Commercial Printing / Subscriptions / Terms of Use
Also Online
Photo Reprints / Videos / Local Business Links / Community Links / Weather and Road Cams / RSS Feed

© Copyright 2001 - 2008 Western Communications, Inc. All rights reserved. By Using this site you agree to our Terms of Use

Bakercityherald.com works best with the latest versions of Mozilla Firefox, Microsoft Internet Explorer or Apple Safari