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home / news releases / VGK - Both Eurozone Sentiment And Lending Surprise To The Upside


VGK - Both Eurozone Sentiment And Lending Surprise To The Upside

By Bert Colijn, Senior Economist, Eurozone

Economic sentiment in the eurozone rises from 103.9 to 105.1 in May and lending picked up in April. While still in line with weaker growth for Q2, it does put the growth outlook in a somewhat better light

This bounceback in eurozone sentiment comes as a pleasant surprise after a poor reading in April and weak readings for the PMI and IFO. It has to be said that most sectors - except for services - still show weaker readings than in March, so the best way to read

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Stock Information

Company Name: Vanguard FTSEEuropean
Stock Symbol: VGK
Market: NYSE

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