BERLIN Dec 19 German business sentiment climbed
for the second month running in December as firms become more
confident about their business outlook, confirming signs that
Europe's biggest economy is likely to bounce back quickly from a
The Munich-based Ifo think tank said on Wednesday its
business climate index, based on a monthly survey of some 7,000
firms, rose to 102.4 in December from 101.4 in November.
That beat the median forecast in a Reuters poll of 40
economists for the index to climb to 102.0, with expectations
ranging from 101.0 to 105.3. The euro climbed against the dollar
after the news.