Tags: EU | Economy

EU Economic Sentiment Improves in March

Monday, 29 Mar 2010 07:41 AM

A survey shows economic sentiment in the European Union improved in March, due mainly to industrial juggernaut Germany, after a pause in February.

The indicator rose by 2 points on the month to 99.6. It stood at 71.1 only last April. The Economic Sentiment Indicator "is now close to its long-term average," the EU Commission said in a statement Monday, adding it will need to improve further to reach its pre-crisis level.

At the same time, the business climate indicator for the 16-nation euro area also improved further, continuing one year of recovery. It stood at -0.32 points, better than the -3.48 points it stood at one year ago.

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Economy
A survey shows economic sentiment in the European Union improved in March, due mainly to industrial juggernaut Germany, after a pause in February.The indicator rose by 2 points on the month to 99.6. It stood at 71.1 only last April. The Economic Sentiment Indicator is now...
EU,Economy
109
2010-41-29
Monday, 29 Mar 2010 07:41 AM
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