German investor sentiment hits 13-month high

Investors in Germany are optimistic about the outlook for Europe's biggest economy given the strength of domestic demand, but concerns about Greece and Ukraine could sour sentiment in future, data showed on Tuesday. The widely watched investor confidence index calculated by the ZEW economic institute rose for fifth consecutive month to a 13-month high of 54.8 points in March, ZEW said in a statement. In particular, the continuing positive development of the domestic economy confirms the exp