Euro zone economic confidence improves as ECB stimulus kicks in

Confidence grew for the second month in a row in May

30th May, 2016
Euro zone economic confidence rose for a second month in May

Euro-zone economic confidence rose for a second month in May as the European Central Bank prepares to present updated economic projections that could provide further clues about the impact of its stimulus programme.

An index of executive and consumer sentiment increased to 104.7 from a revised 104.0 in April, the European Commission in Brussels said on Monday. That’s the highest level in four months and compares to a median estimate for an increase to 104.4...

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