Economic confidence in the euro area probably rose in August to the highest level in 17 months, adding to signs that the currency bloc’s recovery from a record-long recession is picking up pace.
An index of sentiment rose to 93.8 from 92.5 in the previous month, according to the median of 26 economists’ estimates in a Bloomberg News survey. The European Commission said on August 23 that consumer sentiment in the 17-nation euro zone...
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