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German Ifo business confidence hits 17-month low

A view from Frankfurt's Maintower shows DZ Bank (German Central Co-operative Bank) (left), the Messeturm sky scraper (2nd right) and the Sparkassen Tower (right) in Frankfurt's Bahnhofsviertel district on June 26, 2014Frankfurt (AFP) – Germany’s Ifo business confidence indicator fell to its lowest level in 17 months in September, data showed on Wednesday, as Europe’s biggest economy increasingly feels the chill from geopolitical crises.

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