German Business Support Raising

German Business support increased in february, which is giving a strong indication for successful solving the problem with the incresing of petrol price and mortgage crisis, in the largest economy in the Eurozone. The situated in Munchen IFO institute, gave information about the inex of business moods in Germany, which had grown to 104.1 points, from the level of 103.4 in January. The economists expected its decreasing to 102.9 points, and today's datas were assumed as very pleasant surprise.
"The expectings for economy development of the world ate still stable, in spite of the credit crisis in USA", commented analyzer from Deutsche Bank. "We can not deny, that the economy will have delay, but development of economy markets will lighten the preasure over German export and will support domestic product and employment", continued he.
Today's stong datas for economy development of Germany will give confidence of the European Central Bank in the fight wil growing inflation. The expectings for future first interest decreasing in the Eurozone, became unserious. Immediately after reporting of the datas, EUR started quickly to increase toward the USD, reaching the level of 1.4875 USD per 1 EUR. The German exchange index DAX30 is the leader of increasing today with 1.60% growing.
"The world will not feel the whole recesion", commented the director of BASF SE. "We will continue to have economy growing this year, which of course will be a little bit smaller than the previous one, but will be possitive", continued he.