Eurozone economy ended 2014 on downbeat note

The eurozone economy ended 2014 on a downbeat note with a key economic sentiment indicator released on Thursday coming in flat for the third consecutive month in December, dpa reported.
The European Commission said its closely watched Economic Sentiment Indicator (ESI) was unchanged at 100.7 points last month as the currency bloc economy struggled to remain on a growth trajectory.
'The flat developments in eurozone sentiment resulted from improved confidence among consumers and managers in the services, construction and retail trade sectors being outweighed by worsened confidence in industry,' the commission said in a statement.