Summary: ifo business climate index declines in June, slightly less than expected; German economy having difficulty overcoming stagnation; current conditions index steady, expectations index down; German, French yields little changed; ANZ: dip in expectations first in five months, mainly concentrated in manufacturing; expectations index implies euro-zone GDP contraction of 0.7% in year to September. Following recessions in euro-zone economies in 2009/2010, the ifo Institute’s Business Climate Index largely ignored the...