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Europe Daily Bulletin No. 8270

5 August 2002
(eu) eu/economy
Improvement in business climate indicator but economic sentiment indicator falls in July

Brussels, 05/08/2002 (Agence Europe) - On Friday, the European Commission announced that the Business Climate Indicator in July, slightly improved in the Euro-zone, with an increase that reached -0.35 as opposed to -0.45, which was revised in June. "After the fall recorded in June, the BCI resumed the generally positive trend observed over the last 8 months", observed the services of Commissioner Pedro Solbes.

The economic sentiment indicator, which measures the confidence of the main...