The Zew-index, a monthly survey of the sentiment in the German economy, rose to 26.0 in February, up from 10.3 in January.
This is the largest increase in two years. Analysts had expected an index of 20.0, according to Bloomberg's compilation.
Regarding the current situation, the sub-index rose to minus 88.5. This can be compared to minus 90.4 in December. Analysts had on average expected minus 89.4.
Over the weekend, Germany is going to the polls and the favourite CDU leader Friedrich Merz has promised to boost growth, among other things, through lower taxes. Something that assessors believe has positively affected investors' future prospects.
