In February, the Economic Sentiment Indicator (ESI) rose for the second month in a row. It increased by 0.7 points in the euro area (to 102.1) and by 0.4 points in the EU (to 105.1). The positive development in both regions was fuelled mainly by more optimistic consumers.
"The Commission services have carefully reviewed the Greek government's reform proposals sent to you yesterday as President of the Eurogroup". Letter by Vice-President Valdis Dombrovskis and Commissioner Pierre Moscovici to the President of the Eurogroup, Jeroen Dijsselbloem.