German investor confidence plunged this month at the steepest rate since the collapse of Lehman Brothers in late 2008 as Europe’s largest economy was hit by fears over the eurozone debt crisis, the FT reports.. The Mannheim-based ZEW institute said its economic sentiment indicator dropped by 17.1 points in June taking the index to its lowest level since April last year.

This entry was posted by Paul Murphy on Tuesday, June 15th, 2010 at 18:51 and is featured in The 6am Cut London (16 Jun 2010), The Closer (15 Jun 2010), The Lunch Wrap (16 Jun 2010) . Tagged with germany, ZEW. Edit this entry.