ReferIndia News War in Iran Derails German Economic Recovery

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War in Iran Derails German Economic Recovery

Published on: March 25, 2026, 3:47 p.m. | Source: Devdiscourse

The Ifo institute reports a decline in German business morale due to the ongoing war in Iran, impacting hopes for economic recovery. The business climate index fell to 86.4 in March, with uncertainties around the Strait of Hormuz further depressing business sentiment. Analysts predict stagnation if conflicts persist.

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