ECB's Knot: Poor EU economic conditions shouldn't give rise to excessive pessimism

ECB Governing Council member Klaas Knot said on Friday in Amsterdam that the current unsatisfactory economic situation in the Eurozone should not give rise to excessive pessimism.
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EMU: Construction Output slides by 0.6% in November

Eurozone Construction Output declined by 0.6% in November, following a 1.2% drop in October, according to the report released today by the Eurostat.
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