German business confidence up more than expected

Associated Press
German business confidence up more than expected

FILE - In this Oct. 29, 2010 file picture steam rises from the chimneys in the industrial area in Duisburg, Germany. Germany's much watched Ifo index of business optimism rose for the third month in a row in a positive sign for the largest economy in the eurozone. The January reading of 108.3 was up from 107.2 in December and exceeded market expectations for around 107.5. (AP Photo/Frank Augstein, File)

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