Germany’s ZEW Economic Sentiment Survey missed expectations with economists noting that Germany could still slip into a recession. Germany’s Finance Minister Lindner said that the deficit will be reduced significantly in the 2024 budget.
Germany’s May ZEW Economic Sentiment -10.7 (expected -5.3; last 4.1) and ZEW Current Conditions -34.8 (expected -37.0; last -32.5)