Euro-Area Economic Confidence Seen Up to 17-Month High

Euro-Area Economic Confidence Seen Up to 17-Month High

Angelos Tzortzinis/Bloomberg

Jobseekers wait to see advisors inside a Labor Force Employment Organisation (OAED) job center in Athens. Euro-area unemployment will peak at 12.3 percent in the third quarter and remain at that level next year before falling to an average of 12 percent in 2015, according to a Bloomberg monthly survey of economists.