Eurozone economic sentiment hits new low

Economic sentiment in the 16-nation eurozone plunged to a new record low in February 2009, indicating that businesses and consumers see little short-term prospect that recession will ease its grip on Europe.

European Commission: Press Release: IP/09/327: February 2009: Business Climate Indicator declines further in February http://europa.eu/rapid/pressReleasesAction.do?reference=IP/09/327&format=PDF&aged=0&language=EN&guiLanguage=en

European Commission: Press Release: IP/09/326: February 2009: Economic sentiment drops slightly again in both the EU and the euro area http://europa.eu/rapid/pressReleasesAction.do?reference=IP/09/326&format=PDF&aged=0&language=EN&guiLanguage=en

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