German investor sentiment gains less than projected in May

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Source: RTT News
© Scanpix/FP
Investor confidence in Germany grew at a slower pace than preliminary estimated in May as continued economic slump in the Eurozone weighed on sentiment, a survey by the Centre For European Economic Research (ZEW) unveiled on Tuesday. The ZEW economic sentiment indicator added from 36.3 in April to 36.4 in May, while it was forecast to grow to 40.

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Tue, 14 May 2013 14:13:04 GMT

France's current account shortfall narrows in March

French current account balance came in deficit in March largely due to an improvement in merchandise trade, a data revealed by the Bank of France showed on Tuesday. According to data current account shortfall decreased from 5 billion euros recorded in February to 2.9 billion euros in March, while the goods trade account showed a deficit of 4.6 billion euros

Tue, 14 May 2013 13:51:03 GMT

Eurozone's industrial output rises more than expected in March

Industrial output in the 17-nation bloc increased more than forecast in March mainly due to a 3.8% growth of energy production and a 1.2% increase in capital goods, the latest report released by the statistical office Eurostat showed on Tuesday. According to the report industrial production rose 1% a sequential basis in March after it expanded by 0.3% in February.

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