Economics
Euro-Area Growth Accelerates on Path to Decade-Best Performance
- Jobs creation is running at the fastest pace in 17 years
- French business sentiment jumps to highest in almost ten years
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The euro-area economy gathered pace in November to stay on track for its best annual performance since the financial crisis.
Companies in the 19-nation region boosted hiring at the fastest pace in 17 years to work through their backlog of orders. A survey showed business confidence in France surged to the highest in almost a decade, while a gauge for manufacturing in Germany surged to its best reading since early 2011.