Business morale, Bundesbank point to stronger German growth

German business morale hit its highest level in 2-1/2 years in January and the Bundesbank said growth in Europe's largest economy would accelerate in the first quarter. The Munich-based Ifo think tank's closely-watched business climate index, based on a monthly survey of some 7,000 firms, rose for a third straight month to 110.6. Ifo economist Klaus Wohlrabe said the strong survey suggested the ...