Europe's economy still fragile, recovery possible in 2013: The Conference Board

The Conference Board reported (27-Jun-2013) its leading economic index for the Euro Area increased 0.4% and its coincident economic index decreased 0.1% in May-2013. The Conference Board economist for Europe Bert Colijn said, "We could see a slow recovery before the end of the year, but confidence in the Euro Area economy is still fragile and could be easily reversed if another episode of financial uncertainty occurs." [more - original PR]