ECONOMIC SITUATION : ECONOMIC CLIMATE STABILISES IN THE EU.

The Economic Sentiment Indicator (ESI) in the EU and the euro area remained broadly stable in December, decreasing by 0.2 of a point. At 112.9 for the EU and 110.1 for the euro area, the indicator still stands well above its long-term average, the European Commission said in its monthly economic report, published on a5 January.

The stabilisation in the sentiment indicator for the EU is the combined result of improved sentiment in the services sector and unchanged confidence among...