Eurozone economic sentiment hits 29-month high

Economic confidence in the eurozone hit a 29-monthhigh in December, dpa cited the European Commission as saying Thursday. The commission's Economic Sentiment Indicator (ESI) climbed from aNovember reading of 98.4 points to 100 points last month - its highest level since July 2011.This followed a marked improvement in the mood among the region's consumers as well as managers in the service sector and theconstruction industry, the commission said.Helping to boost the ESI was a big jump in the economic sentiment inSpain and Italy. The mood remained virtually unchanged in botGermany and France.