Survey: Confidence in the euro zone is recovering


A survey showed on Monday that confidence in the eurozone rebounded slightly in November, after three months of decline, with investors encouraged, and the belief that increasing the activity of the global economy, led by the United States and Japan may be useful for the region.
Rose Snteks research group index, which tracks investor sentiment in the euro zone, to -11.9 in November from -13.7 in October, surpassing the average forecast of -13.5, in a survey conducted by "Reuters".
In a statement, Snteks group, "said declining growth expectations since August stop in November. Contributed to data from the Central Bank of Japan and the European Central Bank in supporting investors' expectations for the next six months," pointing to an increase in stimulus measures for the two banks.
Source: skynewsarabia.com

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