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German investors unfazed by European uncertainty

Frankfurt is Germany's main financial and investment hubInvestor confidence in Germany held steady in December despite uncertainty over Italy’s troubled banks and upcoming elections in Europe, a leading survey said Tuesday. The headline index calculated by the ZEW economic institute stood at 13.8 points, the same value it reached after a sharp jump in November. “The overall assessment is quite positive,” ZEW president Achim Wambach said in a statement.

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