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European Economic Sentiment Climbs Again
Europe's financial community is increasingly optimistic about the future of the German and eurozone economies, according to the Center for European Economic Research (ZEW).
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Europe's financial community is increasingly optimistic about the future of the German and eurozone economies, according to the Center for European Economic Research (ZEW).
The center's Indicator of Economic Sentiment about Germany gained 7.6 points to 49.6 from August to September. The index, which has been flat since April, began climbing in July.
ZEW's indicator of confidence in the eurozone's economic future climbed 14.6 points month-to-month to 58.6 points. The institute says financial market experts are increasingly confident about the eurozone's economic recovery in spite of disappointing economic data for Germany.
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