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Empresas y finanzas

German business morale rises to top level in 2-1/2 years


    BERLIN (Reuters) - German business morale unexpectedly rose in February to its highest level since July 2011 in a sign that growth in Europe's largest economy will likely accelerate in the first quarter after expanding only modestly last year.

    The Munich-based Ifo think tank's business climate index, based on a monthly survey of some 7,000 firms, increased to 111.3, beating the consensus forecast in a Reuters poll for the index to hold steady at 110.6.

    (Reporting by Michelle Martin; Editing by Noah Barkin)