Economy
Eurozone confidence picks up in sign of mild rebound
European Commission sentiment indicator rose to 96.4, the best reading since May
Euro-area economic confidence improved for a third consecutive month in December, signalling the region may be heading for a mild recovery.
A sentiment indicator published on Monday by the European Commission rose to 96.4, the best reading since May and higher than predicted by anyone in a Bloomberg survey of economists. The November reading was revised up to 94.
The jump was driven by increases across all sub-indicators.