India, Feb. 18 -- German economic confidence logged its strongest improvement in the past two years in February ahead of the federal election as financial experts expect fiscal stimulus from the new government and also foresee better outlook for construction on the back of interest rate cuts, results of the closely watched survey by the think tank ZEW showed on Tuesday.
The ZEW Indicator of Economic Sentiment surged 15.7 points to a seven-month high of 26.0 in February. The reading remained well above forecast of 19.9.
Financial market experts' assessment about the current situation also improved in February. The corresponding index rose slightly by 1.9 points to -88.5.
The rising optimism was probably due to hopes for a new German gover...