Related
European shares rise on German ESM ruling 12/09/2012 15:02 CET
Spain’s borrowing costs rise again on bailout fears 12/06/2012 16:33 CET
Europe stock markets slide in early trade 23/05/2013 10:04 CET
EU approves Cyprus bailout 12/04/2013 14:20 CET
EU helps Cyprus, Portugal and Ireland over bailouts 12/04/2013 19:35 CET
Economic confidence in the eurozone fell sharply in May, according to surveys carried out by the European Commission.
Businesses that were questioned said they will not be investing and hiring new workers in coming months.
Confidence among retailers, service providers and builders fell.
It was down by the most in Italy and the Netherlands, with smaller declines in France, Germany and Spain.
Business sentiment across the entire 27-country European Union also fell.
More about: Economy, European markets, Eurozone in crisis, InvestmentCopyright © 2013 euronews
JavaScript is required in order to view this article’s accompanying video
Top Stories
Murdered London soldier is named as community tensions rise
Britain's Ministry of Defence has identified the soldier who died near the Woolwich army barracks…
Stockholm ablaze with youth anger
A fourth night of rioting in the Swedish capital saw groups of people, many of them young, setting…
Lagarde’s IMF post hangs in balance
Two French heads of the IMF in a row in legal scandals of different kinds begins to reflect…
latest economy news
Fewer new orders mean continued eurozone recession- Share prices tumble
- Fresh signs of China’s economy fragility
- Bernanke says Fed stimulus continues for now
- Vatican financial body finds possible money laundering
- IMF austerity warning to Britain
- EU bank customers to contribute to bail-ins?
- Greek banks to be sold
- Slovenia’s shaky banks bring a downgrade from Fitch
- Italy freezes hated property tax, doesn’t say how will make…
