Economics

Europe Slowly Picks Up Pieces After Virus Shattered Economy

  • Confidence gauge rose to 75.7 in June, less than forecast
  • German inflation jumps on strong price gains in services

Tourists and Venetians sit at terraced tables of bars in Cannaregio district of Venice.

Photographer: Andrea Merola/Bloomberg
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Economic confidence is slowly returning to the euro area where companies from manufacturers to retailers are picking up the pieces after devastating coronavirus lockdowns.