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German, French companies less hopeful over economic recovery

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By Francesco Canepa and Maria Martinez

FRANKFURT/BERLIN (Reuters) – Companies in the euro zone’s two largest economies are growing more pessimistic, surveys showed on Thursday, raising concerns over the bloc’s already sluggish recovery.

The euro zone has struggled to hold on to a post-pandemic economic rebound led by the United States due to issues such as a less generous government investment, a technological deficit and reliance on raw materials from abroad.

The business climate in France and Germany unexpectedly worsened in July and entrepreneurs took a dimmer view of the coming months, the national polls showed, a day after a separate…



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