Increasing business confidence in Germany and France

Europe economy is running, the unemployment is in 25 year low and no crisis to see at properity sector.

The euro rose against the dollar, reversing an earlier decline,
after an industry survey showed German business
confidence unexpectedly rose in March.

The euro was at $1.5670 as of 9:10 a.m. in London, from $1.5650
late yesterday in New York, when it rose 1.5 percent, the biggest
advance since January 2006. The currency advanced against the yen,
also reversing a loss, trading at 156.59 yen from 156.49 yen. The Ifo
institute's business climate index advanced to 104.8, from 104.1 in
February.

European Central Bank President
Jean-Claude Trichet said there is no sign of property crisis in
Europe, the growing for Europe this year is 1.8%.