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This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content How do you feel about your personal financial situation? Do you think the economy will improve or get worse? It’s not a trick question, but a way of measuring consumer confidence. The first […]
Triumphant announcements, that the European economy has entered in a new growth path just because unemployment in June has decreased in the EU27 by one decimal point and the Economic Sentiment Indicator (ESI) in July increased by 1.2 points in the euro area cannot stand a rigorous critic. Incidentally unemployment in the euro area was […]
All business and consumer indicators for the euro area showed betterment in May according to the Commission’s Directorate General for Economic and Financial Affairs (DG ECFIN), which conducts those regular and harmonised surveys. Business climate indicator (BCI), consumer confidence and economic sentiment indicator (ESI) all improved during this month of May. It’s the first time […]
