Also an important leading indicator for the ECB’s monetary policy; calculated by the European Commission as a barometer of business sentiment for the EU as a whole. It is based on a monthly survey of around 125,000 companies and around 40,000 private households. – See Bank Lending Survey, Purchasing Managers’ Survey, Economic Indicators, important, two-pillar principle.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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