Eurozone investor confidence weakened slightly in May, survey data from the think tank Sentix revealed Monday.
The investor confidence index fell to 19.6 from 20 in April, which was the highest score since August 2007. It was forecast to drop to 19.3.
The stabilization of the recovery unfolds against the backdrop of a still unclear future for Greece, the think tank said.
Investors were more upbeat on their assessment of the current situation. The current conditions index rose to 13, the highest since July 2011, from 9 in April.
Meanwhile, the expectations measure fell to 26.5 in May from 31.5, the highest level since February 2006.
Investor confidence in Germany dropped for a second month in a row. The development was mainly driven by weaker 6-month expectations- a firmer euro and mixed signals for the US economy take their toll.
The confidence index for Germany declined to 28.2 in May from 31.4 in April. Globally, the investor confidence index dipped to 15 from 16.6 in April.
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