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Europe Daily Bulletin No. 9814

9 January 2009
Contents Publication in full By article 24 / 31
GENERAL NEWS / (eu) eu/economy
No improvement in economic situation

Brussels, 08/01/2009 (Agence Europe) - The latest economic confidence indicators published on Thursday 8 January fell to their lowest level for over two decades. This worrying situation will, the European Commission hopes, be attenuated by implementation of the European Recovery Plan.

In December 2008, the Business Climate Indicator (BCI) for the eurozone continued to decline considerably in the EU and the euro area, reaching its lowest level since January 1985. This spectacular fall...

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