German business confidence surged to the highest in more than 1 1/2 years in November, signaling that the economic recovery in Europe’s largest economy remains on track even after growth slowed in the third quarter.
Showing posts with label Europe’s economy. Show all posts
Showing posts with label Europe’s economy. Show all posts
November 23, 2013
September 29, 2011
European Economic Confidence Declines More Than Forecast
ept. 29 (Bloomberg) -- European confidence in the economic outlook dropped more than economists forecast in September to the lowest in almost two years, reflecting growing concern that the worsening debt crisis could push the euro-area economy into a recession.
An index of executive and consumer sentiment in the 17- nation euro region fell to 95 from a revised 98.4 in August, the European Commission in Brussels said today. That’s the lowest since December 2009 and below the 96 projected by economists, according to the median of 31 estimates in a Bloomberg News survey.
An index of executive and consumer sentiment in the 17- nation euro region fell to 95 from a revised 98.4 in August, the European Commission in Brussels said today. That’s the lowest since December 2009 and below the 96 projected by economists, according to the median of 31 estimates in a Bloomberg News survey.
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