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German model dominates eurozone

The fifth straight month of improvement in German business confidence, as indicated by the widely followed Ifo survey, showed how critical the country has become to Europe's fortunes. If it is built, machined, engineered or manufactured it seems emerging economies cannot buy enough finished goods as long as they are made in the Federal Republic. And, coupled with the country's tough measures against domestic inflation, such success is prompting European rivals to attempt to ape Germany's export-led revival.

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By Julian Hofmann,
04 April 2012

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