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flag German economic sentiment hits seven-month high of 26.0, fueled by new government hopes and ECB rate cuts.

flag German economic sentiment surged in February, reaching a seven-month high of 26.0, up 15.7 points from January. flag This improvement is driven by hopes for a new, action-oriented German government and the European Central Bank's interest rate cuts, which have boosted the construction sector. flag The ZEW indicator for the eurozone also rose by 6.2 points to 24.2. flag This optimism signals a possible rebound in private consumption and stronger economic growth in the coming months.

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