Economic optimism up across EU except in Romania.....and UK

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Economic confidence is increasing across Europe, except in Greece, Malta, Romania and the UK which all saw a drop in sentiment in November, according to research by the European Commission.

The UK dropped 2.9 points compared to October on the Economic Sentiment Indicator (ESI), based on surveys of the manufacturing, service, retail trade and construction sectors, as well as consumer studies. With a dip of 0.5 ESI points compared to last month, Romania - one of the poorest countries in Europe - has seen a lower deterioration in confidence than the UK. The only other country to show less confidence than Britain was Greece, which lost 5.3 ESI points. All other Member States reported a general improvement in sentiment, with the sharpest rise in the Netherlands, up 6.3 poi...

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