Economics

Charting Global Economy: Confidence in European Recovery Grows

Austrian Shoppers Return to Streets as Europe Takes Steps to Reopen — Photographer: Akos Stiller/Bloomberg

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By Zoe Schneeweiss and Vince Golle

May 28, 2021 at 5:00 PM UTC

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Confidence in Europe’s economy is building as governments gradually lift pandemic-related restrictions, while fresh data on business investment and consumer spending point to solid growth prospects for the U.S.