East Europe Confidence Improves on Euro Outlook, ZEW Says - by Zoltan Simon

Central and eastern Europe’s economic outlook improved in January on optimism about the euro area, the ZEW Center for European Economic Research and Erste Group Bank AG said.

The economic-sentiment indicator, a measure of investor confidence in the region, rose 14.8 points to minus 26.6 points, the Mannheim, Germany-based ZEW and Vienna-based Erste Bank said today in an e-mailed statement.

“The increase in experts’ expectations is consistent with their overall expectations for the euro zone,” they said in the statement.

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