Friday, November 27, 2009

European business confidence

Nov. 27 (Bloomberg) -- European confidence in the economic outlook improved in November to the highest since the collapse of Lehman Brothers Holdings Inc., suggesting the recovery in the 16-member euro region is gathering strength.
An index of executive and consumer sentiment rose for an eighth straight month to 88.8 from 86.1 in October, the European Commission in Brussels said today. That was the highest since September 2008 and above the 88 projected by economists, according to the median of 27 forecasts in a Bloomberg survey..--

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