German business sentiment improved in March, with the Ifo index rising to 86.7, hinting at economic recovery.

German business sentiment improved in March, with the Ifo Institute's business climate index rising to 86.7, up from 85.3 in February. This uptick reflects increased satisfaction with current conditions and better future expectations, potentially due to defense and infrastructure spending plans. Despite the positive signs, the German economy's recovery from a two-year contraction is still uncertain.