A whole host of economic data points were released today in the Eurozone, the majority of which point to continuing difficulties for the faltering economies and growing doubts of recovery. First, the European Commission released its Consumer Confidence reading for December, which fell to -21.1 from November’s revised -20.7; the analysts’ consensus had expected a decline to -21.2. The survey which gauges consumers’ confidence in the Eurozone’s economic activity also declined, dropping to 93.3 from a revised 93.8, while the forecasts had called for a decline to 93.2.
