European Confidence Improves to Highest in 14 Months

This article mainly states that European confidence improved in November to its highest level since the collapse of Lehman Brothers. It suggests that the recovery of the EU is moving forward. Consumer sentiment index rose from 86.1 to 88.8 in November. The author points out that the euro-area economy slowly recovers from its worst recession in 60 years mostly due to numerous bailouts and decreased interest rates.