Eurozone's Economic Mood Increases
By Pan Pylas |
April 30, 2010, Friday
|
Print Edition
Print Edition
ECONOMIC sentiment in the 16 countries that use the euro rose above its long-term average during April despite rising concerns about the debt crisis afflicting Greece, official data showed yesterday.
The European Commission said its main economic sentiment indicator rose by 2.7 points to a 25-month high of 100.6 in the eurozone during April, with most countries posting across-the-board improvements - Germany, the eurozone's biggest economy, showed a huge rise.
Sentiment rose across sectors too - analysts were impressed the consumer confidence component of the main indicator gained two points during the month to a 23-month high of minus 15.
The European Commission said its main economic sentiment indicator rose by 2.7 points to a 25-month high of 100.6 in the eurozone during April, with most countries posting across-the-board improvements - Germany, the eurozone's biggest economy, showed a huge rise.
Sentiment rose across sectors too - analysts were impressed the consumer confidence component of the main indicator gained two points during the month to a 23-month high of minus 15.
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