Manufacturing activity across the 20 countries that use the euro has continued to decline, largely due to a slowdown in the area’s leading economy Germany, according to a study by S&P Global.

EghtesadOnline: According to a survey, economists now expect lower readings in most economic indicators for the Italian economy and the eurozone.

EghtesadOnline: Eurozone annual inflation gradually increased throughout June, moving from -0.1% to +0.1% compared to the previous month, according to the latest Eurostat data, Investment Europe reported.

EghtesadOnline: Improving confidence proved Eurozone 's resilience after political events since the summer. Data so far also suggests a slightly more optimistic outlook for coming months supported by export orders and the depreciation of the euro. However, political risks remain tilted to the downside.

EghtesadOnline: One has to be concerned about the near-term prospect of an intensification of the eurozone’s downward economic and political spiral.

EghtesadOnline: Figures from the European Commission show that eurozone consumer confidence index fell unexpectedly in August. The commission’s initial reading on sentiment fell from -7.9 to -8.5, the lowest since April’s reading of -9.3. Economists were forecasting a reading of -7.7.