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Europe’s Young Consumers Lead a Revival of Optimism

Region’s economic recovery is boosting confidence of those just starting out
Data: Intrum European Consumer Payment Report 2017; graphic by Bloomberg Businessweek

Young Europeans are the most optimistic age group in the region, with a growing number saying they believe they’ll be better off than their parents, according to the Intrum European Consumer Payment Report. Just over half the 18-24 year-olds surveyed said their financial circumstances are improving, up from only 40 percent in 2016. The European Union economy will probably grow more than 2 percent this year and next, according to the EU Commission, and Intrum says optimism is improving “possibly as an effect of the past few years of economic recovery in many European economies.”

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