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Daily Insight-April Ifo climate for Germany; Ferrexpo, state UAH bonds, liquidity, VTB loan, new auction news
The Ifo Business Climate Index for German industry and trade fell in April, marking the second decline in monthly succession, but remained at its historic peak. As in the previous month, the weakening is solely due to the firms\' less positive expectations for the future course of their business. In contrast, the current business situation has improved again, according to the survey responses. So, despite considerable risks at the international level, the situation of the firms in Germany remains excellent.