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Italy's industrial orders dropped unexpectedly in March, after rising in the prior month, figures from the statistical office Istat showed Friday. Industrial orders fell 0.3 percent month-over-month in March, defying economists' expectations for a 0.7 percent increase. In February, orders had risen...

German business confidence weakened less than expected in May, reports said citing survey results from Munich-based Ifo Institute on Friday. The business confidence index fell marginally to 108.5 in May from 108.6 in April. It was expected to decline to 108.3. Meanwhile, the current conditions...

Dutch consumer confidence improved as expected in May after stagnating in the previous month, while consumer speeding growth eased slightly in March, figures from the Central Bureau of Statistics showed Friday. The consumer confidence index rose to 2.0 In May from 0 in April. The score also in line...

Austria's production index increased in March from a year ago, figures from Statistics Austria showed Friday. The production index, which combines industrial production and construction, rose a working-day-adjusted 0.8 percent year-over-year in March. Production in the industrial sector grew 2.1...

Denmark retail sales declined in April from the prior month largely due to a fall in consumer goods demand, Statistics Denmark said Friday. Retail sales fell 0.2 percent month-on-month in April partially offsetting 0.4 percent increase in March. This was the second fall so far this year. Sale...

French consumer confidence improved unexpectedly in May to the strongest level since August 2011, survey data from the statistical office Insee showed Friday. The manufacturing confidence index rose slightly to 103 in May from 102 in the previous month, which was revised from a reading of 101. Economists...

Germany's economic growth eased as estimated in the first quarter largely due to the weakness in foreign trade, final data from Destatis showed Friday. Gross domestic product grew 0.3 percent sequentially in the first quarter, slower than the 0.7 percent expansion seen in the fourth quarter. Likewise,...

The total value of new orders received by the German construction industry declined in March, figures from Destatis showed Friday. Orders in the construction sector fell a seasonally and working-day-adjusted 2.2 percent month-over-month in March. Demand in the civil engineering construction sector...

EEP15-011515_22May15.jpg Business confidence and detailed quarterly national accounts from Germany and public finance from the U.K. are due on Friday.

British households perceive that the value of their home increased in May, a survey from Knight Frank and Markit Economics showed Friday. The house price sentiment index, or HPSI, fell slightly to 58.0 in May from 58.2 in the previous month. However, a reading above 50 indicates a rise in house prices....

The eurozone will survive the current Greek crisis thanks in large part to bold measures taken by the European Central Bank, said Federal Reserve Vice Chair Stanley Fischer on Thursday. However, in the longer term, "the European monetary union will not survive unless it brings prosperity to its members,'...

Eurozone consumer confidence deteriorated for a second straight month in May and at a faster-than-expected pace, preliminary estimates from the European Commission showed Thursday. The flash consumer confidence index dropped to -5.5. from -4.6 in April. Economists had forecast a score of -4.8. The...

ECB-052115.jpg European Central Bank policymakers agreed that a steady course of monetary policy with a focus on the firm implementation of the Governing Council's stimulus measures must be pursued more intently, the minutes of the April 14-15 minutes showed on Thursday.

UKRetailSales-052115.jpg U.K. retail sales recovered at a faster-than-expected pace on clothing demand in April, providing a notable support to economic growth at the start of second quarter. The volume of retail sales including auto fuel expanded 1.2 percent month-on-month reversing a 0.7 percent fall in March, the Office for National Statistics reported Thursday. This was the fastest growth since November.

EurozonePMI-052115.jpg The Eurozone economy lost growth momentum for a second successive month in May on weak German performance, but firms took extra staff at the fastest rate in four years. The composite output index dropped to 53.4 in May from 53.9 in April, flash survey data from Markit Economics showed Thursday. The reading was expected to remain unchanged at 53.9.

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