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Europe Daily Bulletin No. 9714

31 July 2008
GENERAL NEWS / (eu) eu/economy
Sharp fall in Business confidence indicators in EU

Brussels, 30/07/2008 (Agence Europe) - The economic sentiment indicator declined sharply in Europe in July 2008, explains the European Commission in a press release published on Wednesday 30 July. It fell 5.8 points in the EU27 and by 5.3 points in the eurozone, the biggest one-month falls since October 2001. In both regions, the indicator is at its lowest level since March 2003, currently standing at 88.7 in the EU27 and 89.5 in the eurozone. Confidence fell in all sectors, particularly...

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