Euro-Area Unemployment Hits Record 12.2% in April Amid Recession Nearing an End
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Euro-Area Confidence Rises to 89.4 in May as End to Recession Nears
May 30, 2013 7:26 AM EDTAmid impending recession, confidence in the euro-area showed a surprising increase in May.
According to data from the European Commission (EC), consumer and executive sentiment rose to an index level of 89.4 in May, versus 88.6 last month.
An index of sentiment among European manufacturers increased to minus 13, from 13.8... More
