Germany, ifo Business Climate Index declines in June

(ANSA) - BELGRADE, JUN 24 - The ifo institute reported today that sentiment in German companies has deteriorated. In June, the ifo Business Climate Index fell to 88.6 points, from 89.3 in May. This was due to pessimistic expectations. However, assessments of the current situation remained consistent. The German economy is struggling to recover from its current stagnation, ifo said. (ANSA).