German business climate index improves amid uptick in expectations

German business climate index improves amid uptick in expectations

BERLIN (DPA, CONVERSEER) – Business sentiment in Germany improved in October, a leading economic institute said on Monday. The ifo Institute’s business climate index rose by 0.7 points to 88.4 points, beating expectations. While the 9,000 companies surveyed reported a downturn in their current economic situation, their assessment of future expectations rose significantly. “Companies remain…

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German official seeks stricter rules on medical cannabis

German official seeks stricter rules on medical cannabis

BERLIN (DPA, CONVERSEER) – The consumption of cannabis should be controlled more strictly in Germany, while remaining legal, the government representative on the issue said in media remarks published on Tuesday. “We are currently seeing evidently undesirable trends,” Narcotic Drugs Commissioner Hendrick Streeck told the Berlin daily Tagesspiegel. The permitted 25 grams of medical cannabis…

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