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UPDATE 1-German investor morale gains as broad-based recovery expected


But survey does not reflect AstraZeneca vaccine suspension
Economists say any new restrictions would delay recovery (Adds economist comment, background)
BERLIN, March 16 (Reuters) - Investor sentiment in Germany increased by more than expected in March, the ZEW economic research institute said on Tuesday, buoying the outlook for a broad-based recovery in Europe’s largest economy.
The ZEW said its survey of investors’ economic sentiment rose to 76.6 points from 71.2 the previous month. A Reuters poll had forecast a rise to 74.0.
ZEW polled 189 analysts in the period March 8–15 for its survey. On March 15, Monday, Germany said it had suspended use of AstraZeneca’s COVID-19 vaccine. ....

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