{"id":10903,"date":"2025-07-15T16:35:02","date_gmt":"2025-07-15T13:35:02","guid":{"rendered":"https:\/\/otetmarkets.net\/blog\/?p=10903"},"modified":"2025-07-15T16:35:02","modified_gmt":"2025-07-15T13:35:02","slug":"germany-zew-economic-sentiment-july-2025","status":"publish","type":"post","link":"https:\/\/otetmarkets.net\/blog\/news\/germany-zew-economic-sentiment-july-2025\/","title":{"rendered":"\u0645\u0624\u0634\u0631 ZEW \u0644\u0644\u062b\u0642\u0629 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0641\u064a \u0623\u0644\u0645\u0627\u0646\u064a\u0627 \u064a\u0633\u062c\u0644 52.7 \u0641\u064a \u064a\u0648\u0644\u064a\u0648 2025 \u2013 \u0627\u0644\u0623\u0639\u0644\u0649 \u0645\u0646\u0630 \u0639\u0627\u0645 2022"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>\u0642\u0641\u0632 \u0645\u0624\u0634\u0631 ZEW \u0644\u0644\u062b\u0642\u0629 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0641\u064a \u0623\u0644\u0645\u0627\u0646\u064a\u0627 \u0625\u0644\u0649 52.7 \u0641\u064a \u064a\u0648\u0644\u064a\u0648 2025\u060c \u0645\u0633\u062c\u0644\u064b\u0627 \u0623\u0639\u0644\u0649 \u0645\u0633\u062a\u0648\u0649 \u0644\u0647 \u0645\u0646\u0630 \u0641\u0628\u0631\u0627\u064a\u0631 2022\u060c \u0648\u0645\u0648\u0627\u0635\u0644\u064b\u0627 \u0627\u0644\u0627\u0631\u062a\u0641\u0627\u0639 \u0644\u0644\u0634\u0647\u0631 \u0627\u0644\u062b\u0627\u0644\u062b \u0639\u0644\u0649 \u0627\u0644\u062a\u0648\u0627\u0644\u064a. \u0648\u062a\u062c\u0627\u0648\u0632 \u0647\u0630\u0627 \u0627\u0644\u0631\u0642\u0645 \u0627\u0644\u062a\u0648\u0642\u0639\u0627\u062a \u0627\u0644\u062a\u064a \u0628\u0644\u063a\u062a 50.3\u060c \u0645\u0642\u0627\u0631\u0646\u0629 \u0628\u064047.5 \u0641\u064a \u064a\u0648\u0646\u064a\u0648\u060c \u0645\u0627 \u064a\u0639\u0643\u0633 \u062a\u0641\u0627\u0624\u0644\u064b\u0627 \u0645\u062a\u0632\u0627\u064a\u062f\u064b\u0627 \u0639\u0644\u0649 \u0627\u0644\u0631\u063a\u0645 \u0645\u0646 \u0627\u0633\u062a\u0645\u0631\u0627\u0631 \u062d\u0627\u0644\u0629 \u0639\u062f\u0645 \u0627\u0644\u064a\u0642\u064a\u0646 \u0641\u064a \u0627\u0644\u062a\u062c\u0627\u0631\u0629 \u0627\u0644\u0639\u0627\u0644\u0645\u064a\u0629. \u0648\u0642\u062f \u0623\u062b\u0627\u0631 \u0647\u0630\u0627 \u0627\u0644\u0627\u0631\u062a\u0641\u0627\u0639 \u0627\u0644\u0645\u0644\u062d\u0648\u0638 \u0641\u064a \u064a\u0648\u0644\u064a\u0648 \u0627\u0647\u062a\u0645\u0627\u0645\u064b\u0627 \u0648\u0627\u0633\u0639\u064b\u0627 \u0628\u0627\u0644\u062a\u0648\u0642\u0639\u0627\u062a \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0644\u0623\u0644\u0645\u0627\u0646\u064a\u0627.<\/p>\n\n\n\n<figure class=\"wp-block-video\">\n  <a href=\"https:\/\/otetmarkets.com\/prblog\" target=\"_blank\" rel=\"noopener\">\n    <video autoplay=\"\" loop=\"\" muted=\"\" playsinline=\"\">\n      <source src=\"https:\/\/otetmarkets.net\/blog\/wp-content\/uploads\/2025\/04\/Otet-Banner-ar-4.mp4\" type=\"video\/mp4\">\n      \u0645\u062a\u0635\u0641\u062d\u0643 \u0644\u0627 \u064a\u062f\u0639\u0645 \u062a\u0634\u063a\u064a\u0644 \u0627\u0644\u0641\u064a\u062f\u064a\u0648.\n    <\/video>\n  <\/a>\n<\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-\u0623\u0628\u0631\u0632-\u0627\u0644\u0646\u0642\u0627\u0637-\u0641\u064a-\u062a\u0642\u0631\u064a\u0631-zew-\u0644\u0623\u0644\u0645\u0627\u0646\u064a\u0627\">\u0623\u0628\u0631\u0632 \u0627\u0644\u0646\u0642\u0627\u0637 \u0641\u064a \u062a\u0642\u0631\u064a\u0631 ZEW \u0644\u0623\u0644\u0645\u0627\u0646\u064a\u0627:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u0627\u0644\u062b\u0642\u0629 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629<\/strong> \u0627\u0631\u062a\u0641\u0639\u062a \u0625\u0644\u0649 52.7\u060c \u0648\u0647\u064a \u0627\u0644\u0623\u0639\u0644\u0649 \u0645\u0646\u0630 \u0641\u0628\u0631\u0627\u064a\u0631 2022\u060c \u0645\u0627 \u064a\u062c\u0639\u0644 \u064a\u0648\u0644\u064a\u0648 2025 \u0646\u0642\u0637\u0629 \u062a\u062d\u0648\u0651\u0644 \u0645\u0647\u0645\u0629.<\/li>\n\n\n\n<li><strong>\u0627\u0644\u0638\u0631\u0648\u0641 \u0627\u0644\u062d\u0627\u0644\u064a\u0629<\/strong> \u062a\u062d\u0633\u0651\u0646\u062a \u0625\u0644\u0649 -59.5\u060c \u0648\u0647\u0648 \u0623\u0641\u0636\u0644 \u0645\u0633\u062a\u0648\u0649 \u0645\u0646\u0630 \u064a\u0648\u0646\u064a\u0648 2023.<\/li>\n\n\n\n<li><strong>\u0627\u0644\u062a\u0641\u0627\u0624\u0644 \u0627\u0644\u062a\u062c\u0627\u0631\u064a<\/strong> \u064a\u0647\u064a\u0645\u0646 \u0639\u0644\u0649 \u0627\u0644\u0645\u0634\u0647\u062f\u060c \u0628\u0641\u0636\u0644 \u0627\u0644\u0622\u0645\u0627\u0644 \u0628\u062d\u0644 \u0648\u0634\u064a\u0643 \u0644\u0646\u0632\u0627\u0639 \u0627\u0644\u0631\u0633\u0648\u0645 \u0627\u0644\u062c\u0645\u0631\u0643\u064a\u0629 \u0628\u064a\u0646 \u0627\u0644\u0648\u0644\u0627\u064a\u0627\u062a \u0627\u0644\u0645\u062a\u062d\u062f\u0629 \u0648\u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a.<\/li>\n\n\n\n<li><strong>\u062a\u0648\u0642\u0651\u0639\u0627\u062a \u0625\u064a\u062c\u0627\u0628\u064a\u0629 \u0642\u0648\u064a\u0629<\/strong> \u0644\u0642\u0637\u0627\u0639\u0627\u062a \u0627\u0644\u0647\u0646\u062f\u0633\u0629 \u0627\u0644\u0645\u064a\u0643\u0627\u0646\u064a\u0643\u064a\u0629\u060c \u0648\u0635\u0646\u0627\u0639\u0629 \u0627\u0644\u0645\u0639\u0627\u062f\u0646\u060c \u0648\u0627\u0644\u0647\u0646\u062f\u0633\u0629 \u0627\u0644\u0643\u0647\u0631\u0628\u0627\u0626\u064a\u0629.<\/li>\n\n\n\n<li><strong>\u0627\u0644\u062f\u0639\u0645 \u0627\u0644\u0633\u064a\u0627\u0633\u064a<\/strong>: \u064a\u062a\u0648\u0642\u0639 \u0627\u0644\u062e\u0628\u0631\u0627\u0621 \u062a\u0623\u062b\u064a\u0631\u064b\u0627 \u0625\u064a\u062c\u0627\u0628\u064a\u064b\u0627 \u0645\u0646 \u0628\u0631\u0646\u0627\u0645\u062c \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0627\u0644\u0637\u0627\u0631\u0626 \u0627\u0644\u0630\u064a \u062a\u062e\u0637\u0637 \u0644\u0647 \u0627\u0644\u062d\u0643\u0648\u0645\u0629 \u0627\u0644\u0623\u0644\u0645\u0627\u0646\u064a\u0629.<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u0627\u0642\u0631\u0623 \u0627\u0644\u0645\u0632\u064a\u062f: <a href=\"https:\/\/otetmarkets.net\/blog\/articles\/vix-index-market-fear-risk-management\/\">\u0645\u0627 \u0647\u0648 \u0645\u0624\u0634\u0631 VIX\u061f<\/a><\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-\u0645\u0627-\u0627\u0644\u0630\u064a-\u064a\u063a\u0630-\u064a-\u0647\u0630\u0627-\u0627\u0644\u062a\u0641\u0627\u0624\u0644\">\u0645\u0627 \u0627\u0644\u0630\u064a \u064a\u063a\u0630\u0651\u064a \u0647\u0630\u0627 \u0627\u0644\u062a\u0641\u0627\u0624\u0644\u061f \ud83d\udcca<\/h3>\n\n\n\n<p>\u0639\u0632\u0627 \u0631\u0626\u064a\u0633 \u0645\u0639\u0647\u062f ZEW\u060c \u0622\u062e\u064a\u0645 \u0641\u0627\u0645\u0628\u0627\u062e\u060c \u0627\u0631\u062a\u0641\u0627\u0639 \u0627\u0644\u062b\u0642\u0629 \u0625\u0644\u0649 \u062a\u0648\u0642\u0639\u0627\u062a \u0628\u062d\u0644 \u0633\u0631\u064a\u0639 \u0644\u0644\u0646\u0632\u0627\u0639 \u0627\u0644\u062c\u0645\u0631\u0643\u064a \u0628\u064a\u0646 \u0627\u0644\u0648\u0644\u0627\u064a\u0627\u062a \u0627\u0644\u0645\u062a\u062d\u062f\u0629 \u0648\u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a\u060c \u0625\u0644\u0649 \u062c\u0627\u0646\u0628 \u062d\u0648\u0627\u0641\u0632 \u0645\u0627\u0644\u064a\u0629 \u0645\u062d\u062a\u0645\u0644\u0629 \u0645\u0646 \u0628\u0631\u0644\u064a\u0646 \u0645\u0646 \u062e\u0644\u0627\u0644 \u0628\u0631\u0646\u0627\u0645\u062c \u0627\u0633\u062a\u062b\u0645\u0627\u0631\u064a \u0637\u0627\u0631\u0626. \u0648\u0623\u0643\u062f \u0623\u0646 &#8220;\u0646\u062d\u0648 \u062b\u0644\u062b\u064a \u0627\u0644\u062e\u0628\u0631\u0627\u0621 \u064a\u062a\u0648\u0642\u0639\u0648\u0646 \u062a\u062d\u0633\u0646\u064b\u0627 \u0641\u064a \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f \u0627\u0644\u0623\u0644\u0645\u0627\u0646\u064a&#8221;\u060c \u0645\u0639 \u062a\u062d\u0633\u0646 \u0645\u0644\u062d\u0648\u0638 \u0641\u064a \u062a\u0648\u0642\u0639\u0627\u062a \u0642\u0637\u0627\u0639\u0627\u062a \u0627\u0644\u062a\u0635\u0646\u064a\u0639\u060c \u062e\u0635\u0648\u0635\u064b\u0627 \u0627\u0644\u0647\u0646\u062f\u0633\u0629 \u0627\u0644\u0645\u064a\u0643\u0627\u0646\u064a\u0643\u064a\u0629\u060c \u062a\u0644\u064a\u0647\u0627 \u0625\u0646\u062a\u0627\u062c \u0627\u0644\u0645\u0639\u0627\u062f\u0646 \u0648\u0627\u0644\u0647\u0646\u062f\u0633\u0629 \u0627\u0644\u0643\u0647\u0631\u0628\u0627\u0626\u064a\u0629.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\u0627\u0644\u0645\u0624\u0634\u0631<\/th><th>\u064a\u0648\u0644\u064a\u0648 2025<\/th><th>\u064a\u0648\u0646\u064a\u0648 2025<\/th><th>\u0627\u0644\u0623\u0639\u0644\u0649 \u0645\u0646\u0630<\/th><\/tr><\/thead><tbody><tr><td>\u0645\u0624\u0634\u0631 ZEW \u0644\u0644\u062b\u0642\u0629 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629<\/td><td>52.7<\/td><td>47.5<\/td><td>\u0641\u0628\u0631\u0627\u064a\u0631 2022<\/td><\/tr><tr><td>\u0645\u0624\u0634\u0631 ZEW \u0644\u0644\u0638\u0631\u0648\u0641 \u0627\u0644\u062d\u0627\u0644\u064a\u0629<\/td><td>-59.5<\/td><td>-72.0<\/td><td>\u064a\u0648\u0646\u064a\u0648 2023<\/td><\/tr><tr><td>\u0623\u0639\u0644\u0649 \u0627\u0644\u0642\u0637\u0627\u0639\u0627\u062a \u0641\u064a \u0627\u0644\u062a\u0648\u0642\u0639\u0627\u062a<\/td><td>\u0627\u0644\u0647\u0646\u062f\u0633\u0629 \u0627\u0644\u0645\u064a\u0643\u0627\u0646\u064a\u0643\u064a\u0629\u060c \u0625\u0646\u062a\u0627\u062c \u0627\u0644\u0645\u0639\u0627\u062f\u0646\u060c \u0648\u0627\u0644\u0647\u0646\u062f\u0633\u0629 \u0627\u0644\u0643\u0647\u0631\u0628\u0627\u0626\u064a\u0629<\/td><td>\u2014<\/td><td>\u2014<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-\u0627\u0644\u062a\u0648\u0642\u0639\u0627\u062a-\u0622\u0645\u0627\u0644-\u062a\u062c\u0627\u0631\u064a\u0629-\u0645\u0642\u0627\u0628\u0644-\u0627\u0644\u0645\u062e\u0627\u0637\u0631-\u0627\u0644\u0639\u0627\u0644\u0645\u064a\u0629\">\u0627\u0644\u062a\u0648\u0642\u0639\u0627\u062a: \u0622\u0645\u0627\u0644 \u062a\u062c\u0627\u0631\u064a\u0629 \u0645\u0642\u0627\u0628\u0644 \u0627\u0644\u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u0639\u0627\u0644\u0645\u064a\u0629<\/h3>\n\n\n\n<p>\u0631\u063a\u0645 \u0642\u0648\u0629 \u0627\u0644\u0645\u0624\u0634\u0631\u060c \u0644\u0627 \u062a\u0632\u0627\u0644 \u0627\u0644\u0646\u0632\u0627\u0639\u0627\u062a \u0627\u0644\u062a\u062c\u0627\u0631\u064a\u0629 \u0627\u0644\u0639\u0627\u0644\u0645\u064a\u0629 \u062a\u0634\u0643\u0644 \u062a\u0647\u062f\u064a\u062f\u064b\u0627. \u0648\u062d\u0630\u0651\u0631 \u0627\u0644\u0645\u062d\u0644\u0644\u0648\u0646 \u0645\u0646 \u0623\u0646 \u0641\u0634\u0644 \u0627\u0644\u062a\u0648\u0635\u0644 \u0625\u0644\u0649 \u0627\u062a\u0641\u0627\u0642 \u0642\u0628\u0644 \u0645\u0648\u0639\u062f \u0627\u0644\u0631\u0633\u0648\u0645 \u0627\u0644\u062c\u0645\u0631\u0643\u064a\u0629 \u0641\u064a \u0623\u063a\u0633\u0637\u0633 \u0642\u062f \u064a\u0624\u062b\u0631 \u0633\u0644\u0628\u064b\u0627 \u0639\u0644\u0649 \u0627\u0644\u062b\u0642\u0629 \u0641\u064a \u0627\u0644\u0623\u0634\u0647\u0631 \u0627\u0644\u0645\u0642\u0628\u0644\u0629. \u0648\u0645\u0639 \u0630\u0644\u0643\u060c \u064a\u0634\u064a\u0631 \u0627\u0644\u0627\u0646\u062a\u0639\u0627\u0634 \u0627\u0644\u062d\u0627\u062f \u0641\u064a \u0645\u0624\u0634\u0631 ZEW \u0625\u0644\u0649 \u0645\u0631\u0648\u0646\u0629 \u0645\u062a\u0632\u0627\u064a\u062f\u0629 \u0641\u064a \u0627\u0644\u0642\u0637\u0627\u0639 \u0627\u0644\u0635\u0646\u0627\u0639\u064a \u0627\u0644\u0623\u0644\u0645\u0627\u0646\u064a\u060c \u062d\u064a\u062b \u064a\u0644\u0639\u0628 \u062a\u062d\u0633\u0646 \u0627\u0644\u062b\u0642\u0629 \u0641\u064a \u064a\u0648\u0644\u064a\u0648 2025 \u062f\u0648\u0631\u064b\u0627 \u0645\u062d\u0648\u0631\u064a\u064b\u0627 \u0641\u064a \u062a\u0639\u0632\u064a\u0632 \u0627\u0644\u0622\u0641\u0627\u0642 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"482\" src=\"https:\/\/otetmarkets.net\/blog\/wp-content\/uploads\/2025\/07\/\u062e\u0628\u0631-2-\u062f\u0627\u062e\u0644-1024x482.webp\" alt=\"\u0645\u0624\u0634\u0631 ZEW\" class=\"wp-image-10904\" srcset=\"https:\/\/otetmarkets.net\/blog\/wp-content\/uploads\/2025\/07\/\u062e\u0628\u0631-2-\u062f\u0627\u062e\u0644-1024x482.webp 1024w, https:\/\/otetmarkets.net\/blog\/wp-content\/uploads\/2025\/07\/\u062e\u0628\u0631-2-\u062f\u0627\u062e\u0644-300x141.webp 300w, https:\/\/otetmarkets.net\/blog\/wp-content\/uploads\/2025\/07\/\u062e\u0628\u0631-2-\u062f\u0627\u062e\u0644-768x361.webp 768w, https:\/\/otetmarkets.net\/blog\/wp-content\/uploads\/2025\/07\/\u062e\u0628\u0631-2-\u062f\u0627\u062e\u0644.webp 1312w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u062a\u062d\u0644\u064a\u0644 \u0627\u0644\u062e\u0628\u0631<\/h3>\n\n\n\n<p>\u0627\u0631\u062a\u0641\u0627\u0639 \u0645\u0624\u0634\u0631 ZEW \u0644\u0644\u062b\u0642\u0629 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0641\u064a \u0623\u0644\u0645\u0627\u0646\u064a\u0627 \u0625\u0644\u0649 52.7 \u0641\u064a \u064a\u0648\u0644\u064a\u0648 2025 \u064a\u0639\u0643\u0633 \u062a\u062d\u0633\u0651\u0646\u064b\u0627 \u0645\u0644\u062d\u0648\u0638\u064b\u0627 \u0641\u064a \u0627\u0644\u0645\u0632\u0627\u062c \u0627\u0644\u0639\u0627\u0645 \u0644\u062f\u0649 \u0627\u0644\u0645\u062d\u0644\u0644\u064a\u0646 \u0648\u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631\u064a\u0646\u060c \u0645\u062f\u0641\u0648\u0639\u064b\u0627 \u0628\u062a\u0648\u0642\u0639\u0627\u062a \u0625\u064a\u062c\u0627\u0628\u064a\u0629 \u062d\u0648\u0644 \u062d\u0644 \u0627\u0644\u0646\u0632\u0627\u0639 \u0627\u0644\u062a\u062c\u0627\u0631\u064a \u0628\u064a\u0646 \u0627\u0644\u0648\u0644\u0627\u064a\u0627\u062a \u0627\u0644\u0645\u062a\u062d\u062f\u0629 \u0648\u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a\u060c \u0628\u0627\u0644\u0625\u0636\u0627\u0641\u0629 \u0625\u0644\u0649 \u0627\u0644\u062f\u0639\u0645 \u0627\u0644\u0645\u0627\u0644\u064a \u0627\u0644\u0645\u062a\u0648\u0642\u0639 \u0645\u0646 \u0627\u0644\u062d\u0643\u0648\u0645\u0629 \u0627\u0644\u0623\u0644\u0645\u0627\u0646\u064a\u0629. \u0647\u0630\u0627 \u0627\u0644\u062a\u062d\u0633\u0651\u0646 \u0641\u064a \u0627\u0644\u062b\u0642\u0629\u060c \u0644\u0627 \u0633\u064a\u0645\u0627 \u0641\u064a \u0642\u0637\u0627\u0639\u0627\u062a \u0627\u0644\u0647\u0646\u062f\u0633\u0629 \u0627\u0644\u0645\u064a\u0643\u0627\u0646\u064a\u0643\u064a\u0629 \u0648\u0627\u0644\u0643\u0647\u0631\u0628\u0627\u0626\u064a\u0629\u060c \u064a\u0634\u064a\u0631 \u0625\u0644\u0649 \u0628\u062f\u0627\u064a\u0629 \u0627\u0646\u062a\u0639\u0627\u0634 \u0645\u062d\u062a\u0645\u0644 \u0641\u064a \u0627\u0644\u0635\u0646\u0627\u0639\u0629 \u0627\u0644\u0623\u0644\u0645\u0627\u0646\u064a\u0629\u060c \u0631\u063a\u0645 \u0623\u0646 \u0627\u0644\u062a\u062d\u062f\u064a\u0627\u062a \u0627\u0644\u062e\u0627\u0631\u062c\u064a\u0629 \u0645\u062b\u0644 \u0627\u0644\u062a\u0648\u062a\u0631\u0627\u062a \u0627\u0644\u062a\u062c\u0627\u0631\u064a\u0629 \u0627\u0644\u0639\u0627\u0644\u0645\u064a\u0629 \u0644\u0627 \u062a\u0632\u0627\u0644 \u062a\u0644\u0642\u064a \u0628\u0638\u0644\u0627\u0644\u0647\u0627 \u0639\u0644\u0649 \u0627\u0644\u0645\u0633\u062a\u0642\u0628\u0644 \u0627\u0644\u0642\u0631\u064a\u0628.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u062e\u0644\u0627\u0635\u0629 \u0627\u0644\u062e\u0628\u0631<\/h3>\n\n\n\n<p>\u0645\u0624\u0634\u0631 ZEW \u0644\u0644\u062b\u0642\u0629 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0641\u064a \u0623\u0644\u0645\u0627\u0646\u064a\u0627 \u064a\u0633\u062c\u0644 \u0623\u0639\u0644\u0649 \u0645\u0633\u062a\u0648\u0649 \u0644\u0647 \u0645\u0646\u0630 \u0641\u0628\u0631\u0627\u064a\u0631 2022\u060c \u0645\u0645\u0627 \u064a\u0639\u0643\u0633 \u062a\u0641\u0627\u0624\u0644\u064b\u0627 \u0645\u062a\u0632\u0627\u064a\u062f\u064b\u0627 \u062a\u062c\u0627\u0647 \u0627\u0644\u0623\u062f\u0627\u0621 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a \u0641\u064a \u0627\u0644\u0646\u0635\u0641 \u0627\u0644\u062b\u0627\u0646\u064a \u0645\u0646 2025\u060c \u0645\u062f\u0639\u0648\u0645\u064b\u0627 \u0628\u062a\u0648\u0642\u0639\u0627\u062a \u0633\u064a\u0627\u0633\u064a\u0629 \u0648\u062a\u062c\u0627\u0631\u064a\u0629 \u0625\u064a\u062c\u0627\u0628\u064a\u0629. \u0648\u0645\u0639 \u0630\u0644\u0643\u060c \u062a\u0628\u0642\u0649 \u0627\u0644\u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u0639\u0627\u0644\u0645\u064a\u0629 \u0642\u0627\u0626\u0645\u0629\u060c \u0645\u0627 \u064a\u0633\u062a\u062f\u0639\u064a \u0627\u0644\u062d\u0630\u0631 \u0641\u064a \u062a\u0631\u062c\u0645\u0629 \u0647\u0630\u0627 \u0627\u0644\u062a\u0641\u0627\u0624\u0644 \u0625\u0644\u0649 \u0646\u0645\u0648 \u0641\u0639\u0644\u064a \u0648\u0645\u0633\u062a\u062f\u0627\u0645.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>\ud83d\udcac <em>\u0647\u0644 \u064a\u0645\u0643\u0646 \u0644\u0644\u062a\u0641\u0627\u0624\u0644 \u0627\u0644\u0635\u0646\u0627\u0639\u064a \u0641\u064a \u0623\u0644\u0645\u0627\u0646\u064a\u0627 \u0623\u0646 \u064a\u062a\u062d\u0648\u0644 \u0625\u0644\u0649 \u0646\u0645\u0648 \u062d\u0642\u064a\u0642\u064a \u0641\u064a \u0627\u0644\u0646\u0635\u0641 \u0627\u0644\u062b\u0627\u0646\u064a \u0645\u0646 2025\u061f \u0634\u0627\u0631\u0643\u0646\u0627 \u0631\u0623\u064a\u0643\u060c \u0648\u062a\u0627\u0628\u0639\u0646\u0627 \u0644\u0644\u0645\u0632\u064a\u062f \u0645\u0646 \u0627\u0644\u062a\u062d\u062f\u064a\u062b\u0627\u062a \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a\u0629!<\/em> \ud83d\udcca<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><a href=\"https:\/\/tradingeconomics.com\/germany\/zew-economic-sentiment-index\" target=\"_blank\" rel=\"noopener\">\u0627\u0644\u0645\u0635<\/a><a href=\"https:\/\/tradingeconomics.com\/germany\/zew-economic-sentiment-index\" target=\"_blank\" rel=\"noreferrer noopener\">\u062f<\/a><a href=\"https:\/\/tradingeconomics.com\/germany\/zew-economic-sentiment-index\" target=\"_blank\" rel=\"noopener\">\u0631<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u0642\u0641\u0632 \u0645\u0624\u0634\u0631 ZEW \u0644\u0644\u062b\u0642\u0629 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0641\u064a \u0623\u0644\u0645\u0627\u0646\u064a\u0627 \u0625\u0644\u0649 52.7 \u0641\u064a \u064a\u0648\u0644\u064a\u0648 2025\u060c \u0645\u0633\u062c\u0644\u064b\u0627 \u0623\u0639\u0644\u0649 \u0645\u0633\u062a\u0648\u0649 \u0644\u0647 \u0645\u0646\u0630 \u0641\u0628\u0631\u0627\u064a\u0631 2022\u060c \u0648\u0645\u0648\u0627\u0635\u0644\u064b\u0627 \u0627\u0644\u0627\u0631\u062a\u0641\u0627\u0639 \u0644\u0644\u0634\u0647\u0631 \u0627\u0644\u062b\u0627\u0644\u062b \u0639\u0644\u0649 \u0627\u0644\u062a\u0648\u0627\u0644\u064a. \u0648\u062a\u062c\u0627\u0648\u0632 \u0647\u0630\u0627 \u0627\u0644\u0631\u0642\u0645 \u0627\u0644\u062a\u0648\u0642\u0639\u0627\u062a \u0627\u0644\u062a\u064a \u0628\u0644\u063a\u062a 50.3\u060c \u0645\u0642\u0627\u0631\u0646\u0629 \u0628\u064047.5 \u0641\u064a \u064a\u0648\u0646\u064a\u0648\u060c \u0645\u0627 \u064a\u0639\u0643\u0633 \u062a\u0641\u0627\u0624\u0644\u064b\u0627 \u0645\u062a\u0632\u0627\u064a\u062f\u064b\u0627 \u0639\u0644\u0649 \u0627\u0644\u0631\u063a\u0645 \u0645\u0646 \u0627\u0633\u062a\u0645\u0631\u0627\u0631 \u062d\u0627\u0644\u0629 \u0639\u062f\u0645 \u0627\u0644\u064a\u0642\u064a\u0646 \u0641\u064a \u0627\u0644\u062a\u062c\u0627\u0631\u0629 \u0627\u0644\u0639\u0627\u0644\u0645\u064a\u0629. \u0648\u0642\u062f \u0623\u062b\u0627\u0631 \u0647\u0630\u0627 \u0627\u0644\u0627\u0631\u062a\u0641\u0627\u0639 \u0627\u0644\u0645\u0644\u062d\u0648\u0638 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":10905,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[257],"class_list":["post-10903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-257"],"_links":{"self":[{"href":"https:\/\/otetmarkets.net\/blog\/wp-json\/wp\/v2\/posts\/10903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/otetmarkets.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/otetmarkets.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/otetmarkets.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/otetmarkets.net\/blog\/wp-json\/wp\/v2\/comments?post=10903"}],"version-history":[{"count":1,"href":"https:\/\/otetmarkets.net\/blog\/wp-json\/wp\/v2\/posts\/10903\/revisions"}],"predecessor-version":[{"id":10908,"href":"https:\/\/otetmarkets.net\/blog\/wp-json\/wp\/v2\/posts\/10903\/revisions\/10908"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/otetmarkets.net\/blog\/wp-json\/wp\/v2\/media\/10905"}],"wp:attachment":[{"href":"https:\/\/otetmarkets.net\/blog\/wp-json\/wp\/v2\/media?parent=10903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/otetmarkets.net\/blog\/wp-json\/wp\/v2\/categories?post=10903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/otetmarkets.net\/blog\/wp-json\/wp\/v2\/tags?post=10903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}