Eurozone economic sentiment improves

Article suggests that Eurozone recovery prospects appeared to have gained momentum in May 2009 with a closely watched survey showing optimism rising again and Germany reporting only a slight rise in unemployment. The European Commission reported its eurozone 'economic sentiment' index had risen for a second consecutive month. The index is regarded as a guide to future trends in activity.

European Commission: Press Release: IP/09/843: May 2009: Economic sentiment continues in May to recover from historical lows http://europa.eu/rapid/pressReleasesAction.do?reference=IP/09/843&format=DOC&aged=0&language=EN&guiLanguage=en

European Commission: Press Release: IP/09/844: May 2009: Business Climate Indicator continues in May to recover from historical lows http://europa.eu/rapid/pressReleasesAction.do?reference=IP/09/844&format=DOC&aged=0&language=EN&guiLanguage=en

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