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Euro-zone confidence on the rise: EC

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Euro-zone confidence on the rise: EC

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There are more signs that economic recovery in the euro-zone is picking up momentum.

Business confidence in the 16 countries that use the euro is at its highest level for nearly two years, according to the European Commission.

After virtually coming to a standstill at the end of last year output has grown to meet expanding order books, helped in part by the weakness of the euro – down nearly 6 per cent against the dollar this year.