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Aleman - Fri, 30 Dec 05 :

More good news from Germany suggests Europe improving slowly.



The Munich-based Ifo institute raised its growth forecast as export demand spills over into the domestic economy. Ifo said Dec. 12 it expects growth of 1.7 percent next year, the fastest since 2000 and higher than its previous projection of 1.2 percent. The HWWI and IWH institutes, which, like Ifo, advise the government, have also increased their estimates.


Continued small but steady share price increases suggests to me that we may pass recent 190p peak and test this year's 200p high soon.


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