Euro-Zone Economic Confidence Grows as Recovery Strengthens

Growth in the Euro-zone surpassed expectations in the first quarter.

Photographer: Jasper Juinen/Bloomberg
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Euro-area economic confidence improved as the region bounces back from its mild recession in the second half of last year.

A sentiment indicator published Thursday by the European Commission rose to 96 in May from 95.6 the previous month — just less than analysts in a Bloomberg survey had predicted.