While Germans have always been seen as big complainers, this appears to be changing somewhat: despite bad economic news, Germans are remaining optimistic. This is reflected in the latest “economic sentiment index” survey of the Mannheim based ZEW Institute which measures attitude and outlook rather than hard business facts.

According to this survey, German investor confidence is at its highest level since 2006. The ZEW Institute noted that such a result was unexpected and could be seen as a sign that the country’s recession may end later this year.

Are you ready for a German upturn?