The perception of the euro area economy has improved

Although the July economic sentiment index of the German ZEW Economic Research Institute was weaker than expected, the economic situation in Germany remained unchanged among the investors, and the perception of the euro area economy has definitely improved.

The July economic sentiment index, calculated on the basis of the survey carried out among financial analysts, dropped to 17.5 points in Germany from the previous month’s 18.6 points and in the euro area to 35.6 points from 37.7 points. (MTI)